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Transatlantic crossing for sale of UK repossessions

America’s leading real estate auction company REDC will hold five auctions across the UK from the end of March. Some 500 UK-based homes repossessed by lenders are up for grabs.

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Stocking up

The news last week that Harvey Nichols’ profits have plummeted left Mole wondering where Ab Fab’s Edina and Patsy will buy their champagne from now on. In their 1990s television reign the characters loved to shop at Harvey Nicks.

Lettings boost from unsellables

Would-be sellers continued to flood the rental market with unsellable properties at the end of last year, research from the Royal Institution of Chartered Surveyors reveals.The RICS Q4 2008 residential lettings survey shows that the num-ber of surveyors reporting a rise in rents went from -12% to -48% bet-ween Q3 and Q4 last year.Q4’s net […]