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Monday 15th of March 2010

News Tag: second homes

May 15, 2009

Rented accommodation for MPs would save £1m a year

by David Masters
Rented accommodation for MPs would save £1m a year
Forcing MPs and Lords to rent London accommodation rather than buy second homes would save the taxpayer over £1 million a year. Research by SmartLandlord.co.uk found that renting a studio flat in Westminster costs an average of £177 less per month compared to buying. With 1,372 tenants from the House of Parliament and the House of Lords, rented properties would ...



April 1, 2009

Second homes in US fall by 30% last year

by Peter Charalambous
Second homes in US fall by 30% last year
The National Association of Realtors (NAR) in the US have revealed that holiday homes and investment property sales had fallen by 30 percent as the economic climate and tighter lending procedures have meant many buyers have not taken advantage of low prices. The average price of a holiday and investment home has actually fallen by 23 percent to just ...