http://www.propertymagnate.com/blog Real Estate News and Opinions Thu, 04 Dec 2008 03:01:23 +0000 http://backend.userland.com/rss092 en The credit crunch has led to a decline in mortgage availability and property sales, derailing the UK government's £2.2bn plan to regenerate 11 struggling locations in the north and MidlandsOriginal post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/building-to-halve-in-englands-key-areas/ Britain's biggest mortgage lenders were last night struggling to work out the details of a hastily arranged scheme designed to prop up the housing market and add...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/mortgage-holiday-plan-leaves-confusion/ The US Treasury is working on a new plan to help revive the ailing housing market by reducing mortgage rates on new home loans, according to people briefed on the...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/rescue-plan-to-push-down-rates-on-home-loans/ A few years ago, they paved over much of Spain with concrete. Now it is Spanish property companies that are piling up in the skip. Most of their struggles are...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/spanish-banks/ The credit crunch has derailed government plans to use housebuilding as a means of regenerating some of England's most vulnerable urban locations. The government has...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/building-to-halve-in-key-housing-areas/ Vincent Tchenguiz, the property entrepreneur, has left the estate agency industry after selling his 50-per-cent holding in upmarket chain Chesterton to partner...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/tchenguiz-sells-share-in-chesterton-estate-agency/ The US Treasury is working on a new plan to help revive the ailing housing market by reducing mortgage rates on new home loans, according to people briefed on the...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/us-rescue-plan-to-push-down-home-loan-rates/ Sibir Energy, the London-listed Russian oil company, shocked the market by agreeing to buy a property portfolio from one of its largest shareholders for $340m...Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/sibirs-bail-out-of-investor-stuns-market/ UK housebuilder is set to reduce its debt by a further £104m by the year-end after agreeing to sell some of the non-residential assets it inherited as part of the Wilson Bowden acquisitionOriginal post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/barratt-offloads-some-assets/ The group's property portfolio fell in value by 15.6% in the year to the end of September, outperforming the IPD UK benchmark fall of 22.6%Original post by Click here and PropertyMagnate.com http://www.propertymagnate.com/blog/04/shaftesburys-assets-take-a-hit/