As the doom and gloom that is currently surrounding the Eurozone crisis continues to worsen, there has been a flurry of activity in the London property market.

Talk of Greece imminently exciting the single currency has caused markets to plummet, and sparked fears that other countries could follow if the door opens.

A mass exodus would leave the currency in a state of complete turmoil, which could only cause the property market further damage.

Despite that, there has been something of a boom in London.

The rise in purchases has been caused by worried investors in the directly affected countries. Greek, Spanish and Portuguese buyers are looking to sink their money in relatively safe, illiquid assets.

Perversely, London’s property market is likely to see even bigger improvements if the Euro crisis continues to worsen.

In the long term, it’s unlikely that the trend would continue if there was a large scale collapse.

Elsewhere, Scotland was facing the news that commercial property is at its lowest value for more than six years.

These are incredibly uncertain times for home owners, with unstable markets and the Euro crisis leaving analysts unsure of the future.

Hello there and welcome to the first in this new series of blogs!

You may have noticed that things have been a little quiet in this section of the website over the last few months, but that’s about to change.

Over the coming weeks we will be posting new blogs every other day. These blogs will be exploring all things relating to the housing market.

In one of the deepest ever recessions, buying and selling housing is a hot topic. We hope that this page will become a useful resource for those interested in the property market.

We’ll also be offering plenty of hints and tips on how to find the best deals for your property if you’re looking to sell.

As well as that, there will be plenty of practical advice on things such as preparing to move house and arranging the best value mortgages.

To summarise, this blog will soon be full of useful information and helpful guides that anyone with the slightest interest in property will hopefully enjoy.

Check back on Monday for the first blog, and don’t forget to leave your opinions on any of the topics we write about in the comments box.

In spite of the UK housing market going through a bleak period, there are some interesting things to look forward to in the future. There is no doubt about the fact that there is a constant demand for houses in the UK market.

However, the problem is that the property developers are suffering from a real cash crunch as a result of which their projects have been put on the backburner. This means you can expect the house prices to go up by few notches since the demand is far more than supply. But, you can always expect the situation to improve and if you need a quick house sale then opportunities may well aris accordingly.

New rules are to be introduced by the Financial Services Authority (FSA) governing sale and rent back (SRB), the new restrictions will be implemented on 30th June this year. As part of the new rules, firms will be banned from using high-pressure sales tactics and exploitative advertising in an attempt to keep all the companies on a level-playing field anc keep customers protected.

The FSA’s full regulatory regime for the SRB market will also ban cold calling and letterbox dropping and put a stop to the use of emotive terms such as ‘fast sale’, ‘mortgage rescue’ and ‘cash quickly’. Plus, all risks must be clearly made out, a 14-day cooling-off period will be introduced and the customer will also have a security of tenure for a minimum of 5 years. Game changing and welcomed.

If you’re looking for a house in the UK, a recent announcement from the Housing Charity Shelter may not be what you want hear. They had a look at the Havering Council waiting list and revealed that it will take 15 years to house everyone waiting for a property.

In total, more than 9000 people are waiting for accommodation which is a lot and when you consider that only 600 homes were let by the council last year. Based on these figures, anyone hoping for a property soon may well be in for a wait as all 9000 residents would take 15 years to re-home. This is further magnified when you consider that the national average is 7 years.