Archive for May 2016

LONDON – IS THE BUBBLE BURSTING?

london property

Bell & Company have previously written posts on the potential property bubble developing in London and the South East of England. In the last week there have been murmurs in the financial press that the bubble could indeed be bursting. London, once deemed one of the most secure property investments, is now looking shaky. A…

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NEGATIVE EQUITY STILL PREVALENT IN IRELAND

Mortgage

A recent Standard & Poors report cites that 4 out of 10 mortgage borrowers in Ireland are in Negative Equity. Furthermore, 6 out of 10 borrowers in Mortgage Arrears are also in Negative Equity. The average negative equity balance is currently €54, 000. Given 40 per cent of borrowers find themselves in negative the estimate…

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