Property of Canary Wharf

Canary Wharf in England, London and Tower Hamlets is one of the largest business development groups on the Isle of Dogs, which is centered on the in the London Dockland’s old West India Docks. One can find the three tallest buildings in UK in the traditional financial centre of Rivalling London, The Square Mile and Canary Wharf. The three tallest buildings are Citigroup Centre joint, HSBC Tower and the One Canada Square (commonly known as Canary Wharf or The Wharf Tower).

Canary Wharf- The History

Canary Wharf, which can be easily seen from the Tower Bridge Canary Wharf has been built on the site located near West India Docks, Isle of Dogs. It was one of the most busiest docks in the world from 1802 to 1980. There were nearly 50,000 people being employed in this area. Well, the name Canary Wharf property comes with related to the Canary Islands.

During the Second World War, the original warehouses in the docks area were badly damages due to heavy bombing. There was a decline witnessed in the port industry, although the city slowly started to recover during 1950s. There are some major reasons like lack of flexibility and containerization, which granted a less viable post to central London. The docks were finally closed by 1980.

Thousands of people were suffering from unemployment in Docklands and moreover, the city slowly started to ruin and finally, marked a major change in the economy of the entire world. There was a project carried out under the government of Margaret Thatcher during the year 1981 exclusively to revitalize the eight square miles in London Docks. Initially, only the small-scale industries in Canary Wharf were focused for the redevelopment.

New development ticks all the right boxes for first-time buyers

NORTHPO1NT, a development by joint venture partners, Inspace Homes and Your Lifespace, is offering to young professional first time buyers, homes with an excellent pricing, situated in a desirable location in London.

The development offers a selection of contemporary studios, and one and two bedroom apartments. The 32 apartments are set within a five-storey building designed by Grafik Architecture. The open-plan apartments range in size from 380 sq ft for a studio apartment and rise to 586 sq ft for a two bedroom apartment.

The apartments at NORTHPO1NT is designed with light, spacious interiors and fixtures. The fully fitted kitchens from Pepper, complete with a full range of integrated appliances including an AEG stainless steel oven, hob and extractor hood. The Porcelanosa bathroom suites are of chrome fixtures and fittings - including an electric heated towel rail and ceramic wall and floor tiling. Most apartments are also equipped with heating of water through solar panels.

NORTHPO1NT on Essex Road is close to Islington and is located in the trendy and highly desirable N1 postcode, There are over 150 local restaurants, cafés, gastro pubs, bars and night clubs for dining or entertainment. For those who love to shop, there are several unique street markets including Chapel Market and Exmouth Market, as well as the many fashionable boutiques along nearby Upper Street. Chapel Market specialises in good value fruit and vegetable stalls as well as bargain household goods and clothes. Nearby Camden Passage is also a perfect place for antiques and books.

Canonbury Square Gardens with its baby vineyard and rose gardens is only minutes away for those who like relaxing with green spaces and slightly further away are the 29 acres of Highbury Fields with its lush parkland complete with recreational facilities including tennis courts and the recently refurbished Highbury Pool.

NORTHPO1NT's is in easy access into the City Bloomsbury property and the West End, limehouse property, through the Angel Underground station on the Northern line or Highbury and Islington station on the Victoria line. Canonbury and Essex Road railway stations are also located close by with services travelling westbound to Richmond and eastbound to Stratford from Canonbury station. Essex Road station provides services southbound to Moorgate and northeast towards Cambridge and Stevenage.

For those who might want a break from public transportation, all purchasers will automatically receive 12 months free membership to the car club scheme running at the development.

According to Sue Gresswell, Sales and Marketing Director at Inspace Homes, In this difficult economic climate, buying an apartment at NORTHPO1NT with its enviable location, high specification and good value prices, is an excellent opportunity particularly for first time buyers.

How to invest money in property

A lot investors today think about the bad effects of today’s financial world crisis. If they want overcome its bad effects and not lose their money they must look for new places where they can invest their both their capitals and private money of their clients. Prices for share in the stock exchange have a tendency to fall in the past time. That is why many of them invest money in property.

This particular kind of investment is very effective especially when you invest money in >flipping foreclosures. At first you must carry out research and find the latest information in that sphere including the latest tendencies and prices. Of course after buying a house you can invest some money in redecoration and fixing some problems so that the house will look more attractive for potential buyers. This must be done to sell the house at a higher price and get profit. But you should not spend too much because your profit potential is very limited and you should always take it into account. But in most cases you money always pay off and because it is one of the most effective ways to invest money and safe of course.

IndusInd to re-enter personal loans

The bank may launch personal loan products in October-December, said a senior official of the bank. “We are looking at launching the products in a selective way. Initially, the product, which is scheduled to be launched in the third quarter of the financial year, will only be sold to the bank’s existing clients,” the official said.

The private sector bank will, however, adopt a cautious approach in granting personal loans, a business characterised by high delinquencies.

The bank’s exposure to the personal loans segment is a mere Rs 200 million, against total outstanding loans worth Rs 130 billion.

The bank has about 2 million clients. The ticket size of the personal loan product will range from Rs 50,000 to Rs 300,000.

Buying a Homes In Hawaii

Would it not be great to actual own a house in Hawaii? I think it would. So, I found two website that are actually a Hawaii real estate search. It use Maps so you will get a good idea of where the properties are located. Let me tell you the sites I am talking about are: HawaiiReal .com and MyHawaiiRealEstateonline .com

Among other things, these sites will show you listings for:

Oahu real estate

Honolulu Real Estate

And this is one powerful real estate search engine. Here you can narrow down your listings by the district that the house is located in, the type of property (Homes, Condos, or Land) as well as by the price range. And most results have pictures so that you can see what the property looks like.

Finding Valuable Information On Real Estate Websites

Real estate websites list valuable resources for any investor. They can answer many questions that you may have, give you tips on finding great properties on the web, or let you know various financing options that you may have available to you.

Real estate websites can give you links to places that have property listings to help you make your investment decisions. They can point you in the right direction of free or cheap listing sites, but committing to these sites is your decision. When you join these listing sites, especially if you are asked for any credit card information, check to make sure they will not start to charge you after a certain number of days or weeks. Some sites will only give you a free trial period for a particular length of time.

Real estate websites can also help a rookie determine what type of homes may be best for home to invest in or when it may be time for them to move up to the next level.

Many of these real estate websites are run by those who have been in the business or have been educated on real estate themselves. So, the information you find on these sites can be valuable to many an investor.

London leads the way in house price falls

London and southern England are bearing the brunt of falls in house prices, which have dropped for the 10th month in a row, according to a survey published today.

Average prices in England and Wales declined by 4.4 per cent over the past year, with a fall of 1.2 per cent in July which put prices back to levels last seen in October 2006, according to Hometrack, a housing data analysis company.

Savills, the property agent, predicted that prime London properties would fall by 15 per cent this year and by 25 per cent by the end of 2009, with the worst hit areas expected to be parts of West London such as Kensington, Notting Hill and Holland Park.

Hometrack said there had been a 20 per cent drop in demand over the past three months, although this had not meant a big increase in the supply of houses for sale.

Richard Donnell, director of research, said: "Transaction volumes have been the greatest casualty of the decline in demand over the last 12 months - the vast majority of homeowners simply do not need to move."

London prices slid 5.1 per cent over the past year, the survey found, bringing them back to the level they were at in February 2007.

Savills said reduced earnings and job security expectations among City buyers had curtailed the demand for property in prime central London. Values are now 9 per cent lower than their peak in the late summer of 2007.

There was rental value growth of 1.4 per cent in the second quarter, however, with big differences across prime central London.

The east of the city including Canary Wharf fell 4.4 per cent in the period, while growth occurred in St John's Wood, Hampstead and Regents Park, which are less dependent on financial tenants.