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Moscow International Property show is escape route to Europe

Moscow&#39s International Property Show on November 14 and 15 will provide a platform for Russians seeking a European safe haven, experts said yesterday.

With recent political and economical turmoil, more and more Russians are looking for a safe haven to invest their monies in Europe.

The two-day event at Moscow&#39s Renaissance Hotel is strategically planned as November is historically the most important month of the year for business.

The Sunday Times recently reported that Russian fears were mounting and that the Russian economy could expect a net capital flight of more than £7.8bn.

As snow settles in Moscow&#39s Red Square and the temperatures drop to below zero degrees; Marbellas Orange Square and Spain&#39s 300 days-a-year-of sunshine becomes increasingly inviting.

Countrywide Assured Group is Europe&#39s leading property service group with over 800 UK branches (branded names like Mann and Co, Beresfords, Taylors, Abbotts, Bairstow Eves, Bridgfords). And the group now includes its own overseas associate company, H20, based in Spain.

Marina Shamina, co-ordinator of H20´s New Home and Developments and a native Russian living in Spain, says: “H20 provide homes overseas with core values of honesty and openness. As Russian people become more and more cautious in nature, we are giving them an open and honest opportunity to purchase property in Spain. Giving Russians reassurance and credibility will be a big part of our job.”


LFG appoints Merseyside law firm for commercial remortgages

Lifestyle Funding Group has appointed Merseyside law firm Lees Lloyd Whitley to handle its commercial remortgaging work across the country. The firm&#39s residential property department already provides legal services to more than 350 customers nationwide who remortgage their homes every year through the group&#39s Earth finance division. LFG has recently opened a new call centre […]

A breath of fresh air for first-time buyers

A recent report from independent market analyst Datamonitor suggests that current account and offset mortgage are a definite boost for first-time buyers. The CAM and offset market is a fast-growing segment that currently accounts for £22bn of the UK mortgage market in terms of gross advances. This is forecast to double in the next five […]

Mortgage Pro to display sourcing system at Mortgage Expo

Mortgage Pro will be displaying its modular mortgage sourcing and processing system at Homebank&#39s stands at this years Mortgage Expo. Delegates will be able to see how an application is sourced, compliant documentation produced and a fully completed application is sent to the head office module for processing. Homebank Mortgages PLC, which will be recruiting […]

R3: Group acquires Personal Lines

The R3: Group has bought Personal Lines, bringing total income under its management to £20m. The Ipswich based R3: Group says that following sustained expansion over the last year, it was attracted to Personal Lines, owned by Keelan Westall, for its &#39homeowner solution&#39 for both intermediaries and their customers. The company will now operate under […]


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