Last chance til February to bag a bargain property at an auction for this year. If you are looking for an [tag]investment property[/tag] or to purchase your own home, [tag]property auction[/tag]s can offer the opportunity to by a property at less than the price you see in your local estate agents. Remember the deposit An important aspect of [tag]buying property at auction[/tag] is that you should and need to do your own research. It is not enough to turn up on the day and bid. You will need to have a deposit of at least 10% of the final purchase…

If you’re looking for your next [tag]investment property[/tag], the following [tag]UK property auction[/tag]s are coming up during this month. Auctions are a great place to find property bargins but they also present a very different way to buying property than is common when dealing with Estate Agents.

Today, Britain’s second largest property company British Land posted a pre-tax loss of £35 million in the six months to September, down from a profit of £670 million in the same period last year. Meanwhile Bank of England boss, Mervyn King has said that property prices are falling and [tag]mortgage rates[/tag] are rising. We have a situation building where households are coming off fixed rate mortgages after 2-3 years and finding mortgage payments rising at rates that could trigger increases in arrears and defaults. Does this mean that we are in for a rough time over the next 12 months?

I have just realised that my blog is 2 years old and like a very errant parent, I forgot it’s birthday. Doh! The first post is dated 3rd Nov 2005 and is here. I remember, now that I have glanced at that post, the blog started as a way of keep a daily journal of my thoughts and research for my studies. What’s happened since then ? Well I have posted a total of 93 posts in 25 categories over the period. In the last year I have had 1,817 visitors come to my blog and read my words. Now…

Nuke ‘em, spray graffiti all over their specially optimized home page, send a fleet of [tag]Led Zeppelins[/tag] after them, do it all from http://www.netdisaster.com/. Nice bit of fun to waste away the hours instead of doing that work that makes you want to die whilst [tag]clock watching[/tag], or if you are just plain [tag]bored[/tag]!