Property World Forum - daily BMV property news from Graham Brown

We’ve looked at trends in the full time investor scene with Nick & Vanessa from 4 Walls and house price forecasts and rental trends in the credit crunch era.

Mortgage trends
* Lenders failing to pass on the rate cuts @ HouseLadder . Some say they won’t pass them on at all @ Property Investment Project.
* Interest cuts on the way? @ Property Tycoons
* The Death of No Money Down Deals??
* 5 Reasons why BMV investing will never be the same again by Graham Brown

Agent trends
* New breed of estate agent? Welcome the discount property shop @ Galiq

Trends in house prices
* Land Registry reports 8% fall in house prices @ LandReg. CEBR predicts further 25% fall @ Property Lettings
* Good news from the US: “In news that may interest overseas property buyers, a US economist has predicted that the end of the downturn in the market is approaching.” @ Hotproperty
* Not so good from Spain, though. “The Spanish property market seems to have gone from bad to worse. According to the latest news, more than 900,000 new homes are still unsold this year. This is a very large figure, too worrying to ignore and even Spain’s prime minister Zapatero warned that the nation’s banks will not escape this situation unscathed.” @ Overseas property mall
* Negative equity fears affect 3 million @ Homemove
* Bulgarian bubble bursts

Trends in investor sentiment
* A review of the last Property Investor Show @ Summit Finance
* “Redrow one of the UK’s largest housebuilders has sold just 38 homes a week over the last eight weeks.” - Market “fragile” warns developer Redrow @ Telegraph
* Knight Frank market report @ Overseas property investor

Advice
* 5 Things You can do Monday Morning to Survive the Coming Financial Meltdown by Graham Brown, John Lee, Phil Martin, Ruban Selvanayagam and Gavin Williamson
* The property investors back plan @ Property Hawk
* “The media would have you believe that ‘THE MARKET’ fell by a X percent last month and it has fallen by X percent since this time last year. So what does that actually mean? It means that those who still have property for sale on the market and must sell are willing to slash prices, and those who would sell in the ideal world but are not that concerned if they don’t, are simply staying put. So if only 5 or 10% are in a position that they must sell, are they speaking for the entire market? The media would have you believe so.” Key points of today’s property market @ Andy Shaw

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