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Blog | Archive | May 2010

Comment On Lloyds Changes To ‘Interest Only’ Mortgages

Published: 17/05/2010 - 00:00 ...Press Release

News that Lloyds Banking Group have decided to drop ‘Interest only’ mortgages for loans over £500,000 is of no concern to top agents.

The market that Knightsbridge agents W.A. Ellis operates in is almost exclusively over half a million pounds. They sell homes to and for City types, some highly geared and mortgages of over £500,000 are not unusual. 

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The Danger To Unwary Landlords

Published: 11/05/2010 - 00:00 ...Press Release

Letting Agent and Authority Lucy Morton of W.A. Ellis, President of ARLA, the Lettings industry trade body, is concerned that Landlords may be getting confusing and conflicting advice from Agents. "The market is very hard for some agents to call as rents have risen sharply over the last couple of months" says Mrs Morton who has been in the central London Lettings business for over 25 years.

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Election Farce Or Greek Tragedy?

Published: 10/05/2010 - 00:00 ...Press Release

As the ash settles on the Election and commentators masticate on the permutations that could result from the British political systems inability to deliver a credible and fair outcome it is events in Greece that we expect to have more impact on property in London.

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