Avoid an £80,000 fine...and find out what we mean by "emerging middle class"
 HMO landlords are facing heavy fines from local authorities as they crack down on property owners who fail to maintain their proeprties to the legal standard.
Tony Booth reports on this and answers the most recent Landlord Questions in his latest UK Landlord's Clinic.
Other articles this week cover tracker mortgages, the Slovakian mortgage market, the Czech car industry and, very interestingly, our interview with Slovak business woman Lucia Hencelova.
Lucia tells us exactly what she - as a member of our oft mentioned "emerging middle class" - is looking for in a home in her native country. This will give potential investors a unique insight into the type of property they should be looking at. More below...
Our latest Finance Watch blog makes fantastic reading for Romanian investors. And finally...Rob Best is back with another Under The Hammer blog, highlighting the best bargains from upcoming property auctions across the country.
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What does a middle class professional in Slovakia look for in a home?
We at Property Secrets often talk of the "emerging middle class" and their demand for luxury housing. So what does a middle class professional in Slovakia look for in a home? And what is the attitude to buying? Slovakia based businesswoman Lucia Hencelova gives us the answers...
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ROMFELT PLAZA
Bucharest, Romania
» 8% off the developer's list price. An average discount of EUR12,716 (£9,490)
» 11% below market value according to an independent valuation by SHM Smith Hodgkinson
» Estimated 53% annualised average price growth across our six previous deals in Bucharest
» A rapidly changing mortgage market with up to 85% LTV now available from Volksbank (subject to status)
» A landmark development featuring the tallest tower in Bucharest in an area being transformed into a modern urban oasis
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Finance Watch | Posted 07 Feb 08
Under The Hammer | Posted every Friday
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