3/27/08

Daily Mail - Foreign Workers Take Almost Nine In 10 New British Jobs, According ... - Buying Property


Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail


Daily Mail

Foreign workers take almost nine in 10 new British jobs, according ...
Daily Mail, UK - Mar 4, 2008
The manufacturing trade has seen a drop of 1.4million Britons in employment and an increase of 113000 foreign-born workers. Shadow Home Secretary David ...
Foreign workers take almost nine in 10 new British jobs, according ... - Daily Mail
But can a 'real' woman carry off the look with such confidence and aplomb? But the scale of immigration has proved to be 15 times greater.In 2007, another 214,510 eastern Europeans registered to work in Britain, equal to 600 arrivals a day. Eastern European immigrants can claim benefits after working here for 12 months - including child benefit for children who have stayed with relatives back in their home countries. How a polite Serb father-of-two living in Corby is accused of being a barbaric war criminalTo his neighbours in the Midlands town of Corby, he was a simple family man who went to church every Sunday. In the last 12 months, the cost of paying benefits to the newcomers has more than doubled to an estimated £170million a year, with 145,000 immigrants now claiming state handouts. Local authorities in some areas have warned that public services such as schools are coming under intense strain. Mr Davis said the arrival of so many immigrants meant that "our housing and public service infrastructure have come under severe pressure with local authorities and council tax payers having to shoulder the burden". Poor Camilla looked like a pheasant crash-landed on her headDemure as a virgin bride, Mrs Sarkoxy arrived in Britain with an oh-so-chic hat perched on her gently curling hair. The Government predicted 13,000 arrivals a year when opting to open Britain's labour markets to millions of new EU citizens - while most other countries imposed restrictions. The Home Office acknowledges that benefits claims are increasing but insists they "remain low". The numbers in receipt of benefits more than doubled last year, rising by 109 per cent in 12 months to 145,000. UK business leaders said employers will continue to welcome the new arrivals because their work ethic is "so much better than domestic workers" who suffer from a "skills shortage and increasing welfare dependency". Why not be the first to send us your thoughts? You should see the ones I didn't publish, says photographerSelf-styled snob who claimed his only failure in life was a B-grade GCSE is first to be fired from The ApprenticeHe boasted that his only failure in life had been getting a B-grade in one of his GCSEs.

Country Life - Billions Spent On Houses Abroad - House


Billions spent on houses abroad - Country Life


Billions spent on houses abroad
Country Life, UK - Mar 3, 2008
... bumping Bulgaria down a spot. ‘Some might be surprised to hear that Spain still is number one as the primary destination for Britons buying abroad as ...
Billions spent on houses abroad - Country Life
British buyers obtained more than 240,000 homes, an increase of 21% on 2006, says a new report. For more information, please refer to the social bookmarking websites. Publishing only verified numbers makes this report the most reliable source of information in the industry, claims the AIPP. Search for prime property for sale abroadThe figures reveal the enduring appeal of established destinations with 25.4% of British property purchases abroad in Spain, followed by France, slightly down at 17%. Social bookmarking allows you to easily share things you find on the web with other Internet users. Some of these services may require you to have an account in order to post a link. The figures in this report are for completed property transactions only and not for deposits paid. These are links to social bookmarking and community websites.

Kissed Florida Dream Fell Apart - - Property In Florida: How The Sun - Money


Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk


Property in Florida: How the sun-kissed Florida dream fell apart
Telegraph.co.uk, United Kingdom - Mar 7, 2008
Now hundreds of Britons who have bought in Florida are left out of pocket. Catherine Moye investigates Turn the clock back four or five years to Florida's ...
Property in Florida: How the sun-kissed Florida dream fell apart - Telegraph.co.uk
As cautionary tales go, his takes some beating - and it offers a salutory lesson to anyone tempted to invest in the latest "property hotspot", whether in the US or anywhere else. At the height of the 2004 boom, he found himself in Florida and decided that it was the place to invest. At the end of January, David Weiker and Larry Maloney, a former president and board member of Platinum Properties, were arrested and charged with organised fraud and other offences. Back then, Britons returning from Orlando were just as likely to have bought a holiday home as a Mickey Mouse corkscrew. Boom and bust: the attractions of Florida in the days when all seemed rosyDevelopers' flags flew in such abundance along all the main tributaries of Interstate 4 that drivers felt like victorious emperors returning from battle. Catherine Moye investigates Property overseas homepage Telegraph Homes Abroad: Free overseas property seminars Turn the clock back four or five years to Florida's boom years in 2003 and 2004. FEATURESThe new Diana?Will Carla Bruni become France's Queen of Hearts?PROPERTYPimp your home 50 ways to improve your home, from the property experts. He bought a three-bedroom, Mediterranean-style villa at Winslow Estates, a development that a company called Platinum Properties was selling off-plan.The company's name conjures up the prospect of gorgeous mansions with shimmering swimming pools. His Floridian villa does not exist, nor is it ever likely to. Hundreds of British investors have lost millions of dollars and are now trapped in litigation of Byzantine complexity.A serious criminal investigation is now under way. In 1994, he persuaded investors to part with money for a "themed" $25million residential community he was to build on 1,200 acres of undeveloped land. Maloney, who was removed from the board in October 2005, made the accusations in a 2006 lawsuit filed in Lake County Court against Platinum. Nor are any of the 600 homes Platinum Properties sold off-plan to largely British investors at its Winslow Estates, Millbrook Manor and Citrus Gardens sites. Not that there appears to have been a lot for them to do. Now hundreds of Britons who have bought in Florida are left out of pocket. Platinum Properties stood for nothing but three wastelands used for waste-tipping by local builders who were constructing houses nearby. Take Paul Ream, from Fleet in Hampshire. The $24million of down payments paid to Platinum, whose boss is former time-share salesman, David N. The community was never built, much of investors' money went on business expenses, and the company was later dissolved. The queue to purchase at developments within the mythical 15-minute drive from Walt Disney World surpassed that at the playground's Space Mountain ride. There's just no truth to it." Maloney has not commented.The two men have links that go back a long way. Weiker spent a further $2.5million in employee salaries, appointing both his wife, Irene Weiker, and his son, David Weiker Jnr, to Platinum's board. Weiker denied the allegations and Maloney later worked for the company again, as a partner. Weiker has described the charges as "bogus": "None of it is true. Weiker, who has recently filed for personal bankruptcy for the third time, has a history of irregular business dealings.

Retire To The Sun - Property Buyers Purchase All Over The World - House


Property buyers purchase all over the world - Retire to the Sun


Property buyers purchase all over the world
Retire to the Sun, UK - Mar 4, 2008
The Association of International Property Professionals (AIPP) revealed that during 2007, more than a quarter of Britons who purchased abroad bought a house ...
Property buyers purchase all over the world - Retire to the Sun

The Press Association - Bulgaria 'Best For Bargains' - Money


Bulgaria 'best for bargains' - The Press Association


Bulgaria 'best for bargains'
The Press Association - Mar 9, 2008
Britons bound for Bulgaria will get the best bargains, according to a value-for-money holiday survey. Visitors to the eastern European country can get a ...
Bulgaria 'best for bargains' - The Press Association

Mortgage Solutions - Foreign Affairs - House


Foreign affairs - Mortgage Solutions


Foreign affairs
Mortgage Solutions, UK - Mar 25, 2008
In the past decade, an increasing number of Britons have turned their attentions overseas and have invested in property, not only in popular European ...
Foreign affairs - Mortgage Solutions
Although France is not far behind (27%), with Italy and Portugal next in line. As in the UK, the best approach is to use a reputable local architect and builder to oversee such projects.Many people also buy new build properties off-plan. Banks in Spain will not lend on property without an Escritura, so it pays for clients to use the services of a professional local lawyer. Building permits are granted at the local town hall. But most of us in the UK do not understand the language or taxes of a foreign market. Buying off-plan differs from buying an existing property and there are a number of factors the client will need to consider. Even the Baltic States, which have seen house prices soar by 200% between 2000 and 2006, saw early-year price rises wiped out in 2007, especially in Estonia and Latvia.Potential opportunitiesHowever, as with all housing markets, there are opportunities as well as risks. Fines for unregulated building work have risen to a level that acts as a serious deterrent. For example, a common trap has been for cash buyers not to obtain a full title deed, or Escritura, and then discover they do not own quite as much land as they thought they did. Halifax's latest monthly survey shows that prices fell across the UK again in February, taking the annual rate of house price inflation down from 4.5% to 4.3%. Historically, the Spanish have paid scant regard to planning regulations, but this has changed. In Cyprus, for example, the maximum loan-to-value is usually between 60% and 80%, whereas in Bulgaria, Turkey and Switzerland it is 75%. Jacobides Professor of Strategic and International Management London Business School Mortgage Funding – achallenging market! Many thousands of investors bitten by the buy-to-let bug in the past 10 years have decided to cast their nets further and look for better returns and stronger capital growth overseas. More recently, Eastern block countries such as Poland have also started to rise in popularity.The reason for this foreign exodus happened well before the current situation of stagnating UK house prices and a slowing economy. Once a property has been purchased, the client might want to make alterations, such as building a swimming pool – 75% of potential Spanish property buyers consider swimming pools an essential extra. The client will only own the property once it has been completed. The greater availability and reduced cost of short-haul flights has also fuelled interest in foreign property ownership. The ideal solution for most clients is to have legal representation in the country in which they are purchasing property, but finding a reputable solicitor can be a problem when they have nothing to go on.What sort of legal problems can arise? There are also issues such as local tax laws and CGT to be considered.The key issue for financial advisers is that owning a property abroad remains an ambition for thousands of UK homeowners and therefore represents a potentially lucrative market. This has been a particular problem in the Valencia region.The Escritura legally defines the bounds of a property and the size of buildings on it, and specifies the sale value, which governs the amount of CGT to be paid when the property is eventually sold.

- Naked Britons Ski In Bulgaria's Borovets Winter Resort - British Citizens


Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg


Naked Britons Ski in Bulgaria's Borovets Winter Resort
Hовини.bg, Bulgaria - Mar 15, 2008
UK citizens from a British ski club had ski naked on a ski run in Borovets mountain resort in Bulgaria. They stated that thanks to their strange action they ...
Naked Britons Ski in Bulgaria's Borovets Winter Resort - Hовини.bg

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