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PROPERTY GUIDES
Home Buying Guide
Buying at an auction
Buying Off-Plan
Buying Abroad
Mortgages Explained
Structural Survey
Property Hotspots
Selling Your House

PROPERTY NEWS
Property News 2007
Property News 2006

*** PROPERTY NEWS ***

MITTAL MAKES IN 3-IN-A-ROW ON LONDON'S BILLIONAIRE'S ROW

Only a month after buying Britain's most expensive home for his son, billionaire Laxmi Niwas Mittal has reportedly bought a third house on London's costliest street for £70 million (Rs.6 billion). The house in Kensington Palace Gardens is the former Philippine embassy and looks on to Kensington Palace, home of the late Princess Diana.

BOLLYWOOD STARS RIDE THE PROPERTY BANDWAGON IN INDIA

Bollywood celebrities don't just peddle dreams but also dream homes in India. Developers are now banking on the star power of the likes of Shah Rukh Khan, Amitabh Bachchan and Aishwarya Rai to endorse their projects. The trend of celebrities - from tinsel town and outside - endorsing real estate projects started around two years ago.

MITTAL BUYING LONDON'S COSTLIEST HOME FOR SON

A London mansion that is about to be sold for a record £117 million ($230 million) may go to the son of Indian billionaire Lakshmi Niwas Mittal, newspapers here said. The property on Palace Green - one of the most expensive houses in the world - is close to Kensington Palace Gardens, where steel tycoon Mittal lives.

** HOME BUYERS & SELLERS GUIDE**

THE COMPLETE GUIDE TO BUYING A HOME

Look around several properties before you decide.

Buying a home and taking on a mortgage is probably the biggest financial decision you'll ever make, so it's important that you're armed with the facts and go into the process with your eyes open. Admittedly, it's a complicated system with plenty of pitfalls, but if you're shelling out money on rent it's a more sensible use for your money.

MORTGAGES EXPLAINED

Mortgages can be a financial minefield, so make sure you get good, honest advice before you buy.

You might think there's nothing simpler than buying a house - you find a place to call home, borrow the money to pay for it and then move in. Well, that's the theory anyway. Unfortunately, the reality can be a bit more complicated. Some of the problems lie in getting the right mortgage for your needs.

COMMISSIONING A STRUCTURAL SURVEY

Old and unusual properties are most likely to need a full survey

Do you know your way around the different types of property survey? Most people buy a house on the strength of a valuation report, which is a type of survey carried out primarily to satisfy the lender that the house is worth the asking price!

CAN YOU PICK A FUTURE PROPERTY 'HOTSPOT'?

For housebuyers in search of an inflation-beating property investment, the big question that they will be asking themselves is: How on earth do I buy into a future hotspot? And which other factors are likely to create an area that's on the up? According to a Bradford & Bingley Estate Agents' (BBEA) report, there are at least four indicators to look for.

HAMMERING OUT A PROPERTY BARGAIN AT AN AUCTION

Buying a property at auction need not be scary if you follow a few simple rules.

As competition for properties is hotter than ever, a growing number of newbies are considering seeking a new home via an auction, rather than through the traditional channels. RICS says that auctions currently account for around five per cent of all property transactions in the UK.

BUYING YOUR HOME 'OFF-PLAN'

Offplan buyers can watch their homes take shape from the ground up.

Some say house prices are about to drop, others say they are rising. But how do you buy if there's nothing suitable on the market? One increasingly popular option is the 'off-plan' purchase, in which you buy a house on a new development without having seen your bricks and mortar.

BUYING ABROAD

Ever dream of cashing in your chips and moving overseas? If so, you're not alone. One in three Britons are plotting their escape from these islands to live abroad. But if you're one of the many people dead set on escaping to paradise, there are a few things you need to consider.

SELLING YOUR HOUSE

Selling a house can be just a fraught with problems as buying one!

When a house or flat is put up for sale, a complex process begins that can ultimately involve upwards of 20 people and firms. It's not just a question of the buyer and seller - at some stage your house sale is more than likely to involve an estate agent, a solicitor, a lender and a structural surveyor.

ANDREW WINTER'S TOP TIPS ON 'SELLING HOUSES'

Channel 4 presenter Andrew Winter gives his top tips for 'Selling Houses'

With the combination of rocketing property prices and expensive moving costs, many UK homeowners are being forced to improve, rather than move home this year. It's becoming increasingly important that we make the right improvement to our homes in order to get the best price when we come to sell it.

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