Marriott International to manage Renaissance Dubai Marina Hotel, Bay Central
The Dubai-based Select GroupTM, one of the leading players in Dubai’s realty sector today announced that Marriott International (NYSE:MAR) will manage its new Renaissance-branded hotel at Dubai Marina. Scheduled to open in 2010, the Renaissance Dubai Marina Hotel will boast 300 rooms and be part of a 1 million square foot, mixed use development known [...]
Quarter of UK first time buyers want to buy overseas
The latest Quarterly Savings Survey from National Savings & Investment indicates that one in four UK first time buyers would buy overseas to save up for a house in the UK. The Quarterly Savings Survey asked more than 1,000 people who do not own or are not currently buying their own home if they would [...]
New overseas mortgage website for intermediaries launched
Barclays has launched a new website to provide the intermediary market with ‘bespoke online tools’ to advise their clients on the overseas mortgage market and sell euro mortgages in Spain, France, Italy and Portugal. The site, at www.barclays.com/buyingabroad-intermediaries , is designed to make it easier for intermediaries to do business in the growing overseas mortgage [...]
Place in the sun turns to pension in the sun
Nearly 50% of second home owners have invested in an overseas property as part of their pension plan, compared to 24% investing in a UK property… – 1 in 3 people pay cash for their overseas properties – 1 in 5 finance their overseas property through a mortgage with a European bank, compared to just [...]
Brits look abroad to help save for domestic property
An increasing number of consumers are prepared to leave Britain in a move to save money to help them get on to the property ladder back home, new figures reveal. According to a study by National Savings and Investments some 25 per cent of Britons claimed they would consider moving abroad so they can save [...]