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How to get the French (or any other country for that matter!!) to pay off your mortgage

Slash £250 a month from your mortgage repayments
with this little known cunning currency tip!!
Click Here

Here's a little-known trick to cut your monthly mortgage repayments and capital borrowings. In fact this is so good, you can repeat this trick endlessly until you're completely mortgage free.

The secret is to spot a currency that's weakening against UK sterling. You then move your mortgage into that foreign currency. By doing so, you can cut £250 off the typical monthly mortgage payment of £542 on a £100,000 mortgage. Even better, you could slash that £100,000 balance to £93,000.

Sounds tricky, but it's worth a look. Here's exactly how you do it...

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Also, more information and full contact details for all the following sales are available in the database - just type in the name of the auctioneer of your choice into the search facility. If you are a member of GAUK please note that the following information is available in the news section as soon as we get it

Viewing 25 Nov 10.30am - 4.30pm
26 Nov 10.30am - 3.30pm
29 Nov 10am - 12 noon
30 Nov 10am - 12 noon

Title: Two Day Sale. Day One Includes - Gold, Silver, Silver Plate, Jewellery, Ceramics, Glass & Collectables. Day Two Includes - Coins, Medals, Banknotes, Militaria & Ephemera.

Reason for Sale: RE: Love Saves The Day Ltd, Gumpa Roofing Ltd, Autocare Group Ltd (all in Liquidation) & others.
Viewing: Monday 28th November 12 noon - 4.30pm and on day of sale from 10am.
Catalogue Info: Entry by catalogue only ￡2 admist 2.
Additional Info: A ￡200 refundable cash deposit is required to bid. Balances by Access, Visa, Switch, Draft or Cash - No Cheques. No Children Under 16.

250 bottles of Quality Wine (typ ￡8 - ￡12 per bottle), 2 Sunquest Aurora Sun Shower Vertical Tanning Cubicles, Small qty roofing contractor equipment: tar buckets, ladders, jugs & felt, 30 stacking orange/chrome cafe chairs, Dell modern laptop, desktop computers, small qty office equipment, etc, etc

90 Pallets of Assorted Tradestocks: Large qtys including domestic sewing machines, cooler boxes, microwaves, steam cleaners, pedal bins, bar stools, chairs, surround speaker kits, trolleys, vacuum cleaners, remote control toys, domestic appliances (scales, blenders, mixers, toasters, kettles inc Brita, irons inc steam, etc), Foreman grills, power tools (grinders, compressors, drill presses, electric & petrol chainsaws, etc), car battery chargers, electric skateboards, domestic safes, qty fitness equipment (workout benches, exercise bikes, rowing machines, abcrunchers, etc), lighting, laminators & shredders, 800 CORDLESS COMPUTER KEYBOARD & MICE SETS, TVs inc built in VCR, bicycles, portable stereos, qty DECT cordless phones, car stereos, gadgets, scales, toys, tents, bouncy castles, MP3 players, digital cameras, halogen bulbs, personal healthcare products, computers, Canon Pixma printers, Canon scanners, etc, etc, etc

The Stock-in-Trade from Premier Direct in Administration: Large qty of mostly new, boxed items including Fitness & Health Related Products (wireless electronic excercisers, electronic bodybuilding belts, abtronics systems, bum & thigh systems, sauna solutions & belts, toning devices, electrode gels, airbeds, exercise bikes, punchbags, muscle toning devices, pheremone sprays, etc), Qty new boxed Radar Detectors, Sat Nav & other Car Related Products (Road Angels including compact & SatNav systems, Snoopers, accessories, alarms, breathilizers, etc), Plus qtys of remote control cars, Nike MP3 players, toys, jiffy enveopes, qty graded widescreen TVs, VCRs & Home Cinema Systems, etc, etc

Enormous Quantities of Electrical/Audio-Visual/Power Tools & Computer Related Items still to be listed

'02' Toyota RAV 4 NV VVTI (silver), 3 x T,V&W reg Volkswagon 1000 dsl SWB vans, 'R' Mercedes Sprinter 310 Dropside, 'P' Mitsubishi Shogun 2.5td SWB GLS
'53' Audi A6 1.9 SE TDi Auto Saloon (dark grey/ grey leather interior, climate, etc), '51' VW Passat 1.9SE TDi Estate (silver). N.B. Last 2 vehicles subject to arrival.

Reason for Sale: On instructions of Liquidators, Receivers, Industrial Finance Houses & Private Vendors
Viewing: Monday 28th November 2005 from 1pm to 7pm and on morning or sale from 8.30am.
Catalogue Info: ￡1 on site or free upon request from the auctioneers.
Additional Info: No children under 16 years of age. Proof of identity needed to register.

Content: GENERATORS & COMPRESSORS, MACHINE TOOLS, SHOTBLAST EQUIPMENT, UPVC WINDOW & GLASS EQUIPMENT

GENERATORS & COMPRESSORS inc Cummins NTTA855 315KVA, Volvo TID121FG 275KVA Skid Mounted Diesel Generator, 1995 Atlas Copco XAHS 365 Twin Axle Trailer Mounted, 2000 Kaeser M76 Trailer Mounted, Ingersoll Rand Spriro-Flo Trailer Mounted, 2 HPC CS90 Compressors in Acoustic Cabinets, HPC Dryer, Hydrovane Rotary Compressor

MACHINE TOOLS inc Sedgwick TA450 Circular Saw Bench, Eisele Cut-Off Saw, Centre Lathes, Grinders, SCM K208 Edgebander, Wilson Moulder, Multico Thicknesser, 9" Planer, Startrite Tilt Saw

SHOTBLAST EQUIPMENT inc Converted 20’ Shipping Container, Clemco Shotblast Cabinet, Various Industrial Blast Pots, Hosing and Pipework

UPVC WINDOW & GLASS EQUIPMENT inc Double End Welder, Double End Mitre Saw, Fabro 250 Chop Saw, Horizontal Drill, Notching Machine, Single Head Welder, Corner Cleaner, 1994 Ashton 2m Sealed Unit Line, Bassra Glass Washer etc

4 x 1999 Excel Videojet Printers (Model 170i and 178i),
1995 Graseby Goring Kerr In-Line Metal Detector - aperture size approx 10" x 4",
Powercheck Check Weigher (50pcs/min; 2kg capacity),
Box Taping Machine,
Various Stainless Steel Framed Food Quality Conveyors,
7 x Stainless Steel Tables 8’ x 4’, 4’ x 4’, 2’ x 2’ etc,
Various length Roller Conveyor,
2 x Stainless Steel Storage Racks,
Scanvaegt Roller Conveyor System,
Stainless Steel Framed 2 Tier Food Quality Conveyor approx 12’ x 13’,
10 x Stainless Steel Trimming Tables 2’2" x 1’,
1997 CP Food Machinery Model CP Carving/Packing Conveyor 28’ x 4’,
5 x Changing Room Benches,
4 x Wheelie Bins, 8 Assorted Boot Racks,
Qty Modern Plastic & Aluminium Storage Shelving,
Stainless Steel Knife Sterilizer,
3 Upright Freezers,
3 Upright Fridges,
Zanussi Deep Fat Fryer,
Jackson Mayfair Grill,
Jackson Mayfair 6 Burner Cooker,
Comenda LF3200 Dishwasher

Pallet Racking,
Aluminium Ladders,
Pallet Trucks,
Lockers,
Lab Ovens,
Plastic Bins,
Qty 4 Wheel Bogies,
Stillages

2003 JCB 8052 Tracked Excavator
Hyster 4 Tonne Diesel Forklift
Nissan 4 Tonne Diesel Forklift
Hyster 2.5 Tonne Diesel Forklift
Lifting Beams, 2001 TCM 2.5T LPG Forklift
2001 TCM 3T LPG Forklift
Aire 10’ Flat Bed Transit Body
Aquawash Vehicle Mountable Pressure Washing System
2004 JMS 900TR Forestry Trailer c/w 2.75m loader
2003 Intermac PTO Sweeper
2003 Faza SF60 Spring Tine Weeder
2004 Mitsubishi L200 Warrior Crew Cab Pick-Up
(P) LDV Convoy Minibus with Wheelchair Lift
(02) Vauxhall Astra 1.7DTI Van
(K) Mercedes Benz 310D Dropside Pick-Up
(W) Transit 9 Seat Crew Cab Van
(R ) Transit 14 Seat Mini Bus
(S) Mercedes T12C Minibus
(X) Ford Transit 350 LWB Tipper
(51) Toyota Avensis GS VVT-i 1.8L
(H) Volvo 940GLE 2.3 Auto Estate

Reason for Sale: RE: Municipal Hire Services Limited (MHS) - In Administration
Viewing: Tuesday 29th November 10am-4pm.
Catalogue Info:
Additional Info: Tenders due: Friday 2 December 2005 at 5pm (Wanted Proof of ID Required ie Passport or Driving Licence plus copy of Company Letterhead)

Content: OVER 40 MODERN REFUSE COLLECTION VEHICLES, ROAD SWEEPERS, TIPPERS, VANS, MINI BUSES etc (Subject to Availability)

2001 Volvo FM7 6x4 26t 2600g High Volume Kilowhale
2003 Dennis Elite 2 6x2 Narrow RCV
2000 Seddon Atkinson 280 Vulture RCV
2001 DAF FAD85CF.340 32t tipper & grab
2002 DAF FALF 55.170 Johnston 600 sweeper (2 off)
2002 DAF FALF 45.180 11t RCV
2003 Scarab Minor Hydrostatic 4t compact sweeper (3 off)
2002-03 Johnston Compact 40 sweeper (5 off)
2000-03 Choice of crewcab/daycab LDV 3.5t tippers (10 off)
2002 LDV Convoy 3.85t 17 seat Minibus (4 off)
2002 Ford Ranger 2.5 caged pickup (5 off)
2002 Ford Ranger 2.5 supercab pickup
2000 Vauxhall Brava singlecab pickup
2000 Citroen Berlingo 1.9D van
2001 Iveco Daily 35C11 3.5t tipper
2001 Vauxhall Astra 1.7DTI van (2 off)
2004 LDV Convoy 3.5t caged tipper & tail lift.

Reason for Sale: RE: Paragon Business Products Ltd. T/A Paragon Business Furniture
Viewing: Monday 28 November 2005 from 8.30am to 4.30pm or by prior appointment. This is a Live & Webcast Auction.
Catalogue Info:
Additional Info: Contact Chris Hill

Content: SUPERB QUALITY MODERN FURNITURE, MANUFACTURING MACHINERY, ANCILLARY EQUIPMENT & SHOWROOM STOCK

Mitre Saws, Cardboard Crease And Cut Machines
Startrite Supaflex 14t10 Vertical Bandsaw
Wadkin Bursgreen Sp12 Dimension Saw Bench (2 Off)
Wadkin Bursgreen 20 Bzb Vertical Bandsaw
Alberti 'Monolit Cn' Single Head Drill/ Router/Saw
Weeke 'Skm' Drilling And Grooving Saw
Packseal As 210 Automatic Banding Machine
Wadkin And Dankaert Universal Edge Banders (3 Off)
Olympic 'Nova 4' & 'Nova 6' 4 And 6 Head Edgebanders
Clark CDP16 FB Pedestal Drill
Interwood 'OFN' Router
Wadkin And Dankaerts Spindle Moulders
Wadkin 'Dp645' 6 Head Through Feed Tenoner
Stefani CS 'Bimatics' Universal Milling/ Profiling/Grooving/ Glueing And Trimming Machine
Morbidelli CN3 Through Feed Border With Tomassini 'Rapid 130C' Load And Unload System
Gec Robotic Welders - Paragon Solo (2 Off)
Hpc Plusair CS75 Packaged Air Compressors (2 Off)
Hankison 80800E Refrigerated Air Dryer
Wellman Robey 'Ygnette' Gas Fired Boiler
Danstroker 'Multimiser' Wood Chip Burner
Osmeka 'H2162AD' Hogger
Orwak '8020' Cardboard Baler
Bergmann 'Mini Rotor' Waste Compactor (2 Off)
Cliftonair Extraction Plants (5 Off)
Atlet 1000kg Electric Side Loaders
Paragon Solo Choice, Metis And Futura Office Furniture
Selection Of Flat Pack Furniture
Pallet Racking.

PAIR 18TH CENTURY BRASS CANDLESTICKS on rectangular bases 6.75" (17cms) together with an early 19th Century pewter tankard

A 19TH CENTURY FRENCH ORMOLU FENDER, in three parts, each corner section surmounted by a classical urn and covered with acanthus leaf ornament and draped with a laurel swag, over a frieze of linked paterae, 70in. (178cms) wide

A PAIR OF 19TH CENTURY NORDIC BELL METAL CANDELABRA, each having a row of five baluster sconces with drip trays, on twin arms pierced with reindeer in profile, on a baluster column and circular spreading base, 18in. (46cms)

A CAST IRON FIREBACK of Dutch 17th century style, of arched outline cast in low relief with Adam and Eve and the serpent in the tree, 21.75" x 17.25" (55cms x 44cms)

A PAIR OF 18TH CENTURY BRASS CANDLESTICKS, with removable nozzles over a hexagonal baluster column, on domed square bases, 7.5in. (19cms) high (previously with ejector mechanism)

A PAIR OF 19TH CENTURY BRASS PRICKET CANDLESTICKS, each having a shell moulded drip tray, barley twist and baluster column on a dished and stepped octagonal base, 16.75in. (42.5cms)

A BRONZE AND ORMOLU LAMP, having a stiff leaf collar to the neck, the column surmounted with three rams face mask monopieds and acanthus to the circular raised foot, 13in. (33cms) high
A PAIR OF EARLY 19TH CENTURY BRASS CANDLESTICKS, having circular sconces, baluster stem and rectangular bases together with a chocolate pot of vase shape, with cover and treen handle, on a circular foot, 5.75in. (15cms)

AN 18TH CENTURY PEWTER CHARGER, 20.25in. (51.5cms) and two smaller plates (damages)

A PAIR OF EARLY 19TH CENTURY BRASS CANDLESTICKS each with rudimentary sconces over plain circular stems, on domed and stepped oblong bases, 6.75" (17cms) high

A LATE 19TH CENTURY FRENCH GILT METAL HAND MIRROR the bevelled glass within a frame cast with a floral basket cresting, scroll corners and pendant convolvulous, 13" (33cms) high

A BRASS TWO-HANDLED TRAY BY HUGH WALLIS, oval with dash rim and planished border to the plain surface, stamped monogram, 21.5in. (55cms) over handle

A PAIR OF LATE 19TH/EARLY 20TH CENTURY CAST IRON PANELS, pierced with a design of flowers in a vase within a floret border, painted grey, 32in. x 19.5in. (81.5 x 49.5cms)

AN ART NOUVEAU PEWTER PLAQUE cast in relief as a maiden with flowing tresses and gown and a spray of iris, 12.25" (31cms)

A PAIR OF MID 18TH CENTURY CANDLESTICKS, having twin knopped hexagonal columns and on a domed base with flange foot, 7.5" (19cms)

AN ARTS AND CRAFTS BRONZED DINNER GONG of folded triangular shape, on oak base with beater

A LATE 19TH CENTURY CAST IRON 'SAFETY' BAR CORKSCREW with turned wood knob handle, 11in (28cm) high.

New Address:
30 Berth Tilbury Freeport, Tilbury, Essex RM18 7HB!
Please visit the website on www.japaneseimportauctions.com

New Address as above:
Turn left when entering the port and follow the road round - we are on the right after 1.4 miles.
All other contact details remain the same.

The Port Secutiry has been upgraded; please ensure you bring your Photo ID with you to ensure smooth entry to the Port. NO under 16's allowed on the Port, Port regulations.

In this edition we've given the news secion to the loverly people at Hot Property Investor as a. we think it's something you'll find interesting and relevant and b. we wanted you to sample the quality of the information... If you wish to sign up to their free newsletter please go here: http://www.hotpropertyinvestor.co.uk

Council tax inspectors to be given extra powers to enter people's properties uninvited

It has emerged that council tax inspectors will be able to enter people's homes and take photographs of people's properties.

Whitehall documents reveal that the inspectors will be allowed to "obtain factual information from internal inspections" as part of the huge exercise to revalue 22 million properties in England.

Caroline Spelman, the Tories' local government spokesman, said: "Labour's council tax revaluation will mean an army of nosy clipboard inspectors invading people's homes, including their bedrooms.

"The privacy of law-abiding citizens will be ignored because of Labour's compulsion to levy stealth taxes on hard-working families and pensioners."

IF THEY WISH TO ENTER YOUR PROPERTY ASK FOR A SEARCH WARRANT. THIS WILL MAKE LIFE VERY DIFFICULT. THIS IS AN ABSOLUTE & DIABOLICAL INFRINGEMENT OF OUR LIBERTY. WE MUST ALL FIGHT.

THE Bank of England today trimmed its forecasts for economic growth and inflation over the next two years, rekindling hopes of spring interest rate cuts.

In its latest quarterly Inflation Report, the Bank said the economy would now grow by 1.7% rather than 2% this year, bringing it into line with the consensus among City economists. Next year, that is expected to accelerate to 2.5% against the 3%-plus predicted in August.

The downgrades will heap more pressure on Gordon Brown to ditch his optimistic forecasts when he delivers the Pre-Budget Report next month.

Inflation will remain above the 2% target in the near term, dip through most of next year as the impact of soaraway oil prices wears off, then rise towards target by the end of 2007. The profile is slightly weaker than in August, when the Bank said inflation would overshoot its target in two years.

Analysts said the report indicated the Bank's monetary policy committee is in no hurry to change interest rates, but could cut borrowing costs next year if growth fails to pick up.

'Today's report certainly provided a dovish take on the economy's prospects and will give the markets the feeling the next move from the Bank could be down rather than up,' said Gavin Redknap, economist at Standard Chartered. Renewed talk of rate cuts drove sterling to two-year lows against the dollar below $1.7250, while gilts and short sterling futures extended earlier gains.

Bank Governor Mervyn King said the risks surrounding the forecasts were larger than usual and that the economy could be in for a bumpy ride.

King expects consumer spending to recover from current sluggish levels but remain below average for the next two years.

'A pick-up in tax rates has contributed to a slowing in income available for discretionary spending,' he added.

Meanwhile, official data showed employers continued to swing the axe in October, with claimant count unemployment rising by a bigger than expected 12,100 to 890,100.

That was the ninth consecutive monthly increase - the longest run of job losses since the early-Nineties recession

CONFIDENCE in house prices and the stock market has fallen with less than half of investors planning to increase their stakes over the next year.

Public faith in the housing market is also on the wane. A third of the general population believe bricks and mortar is the best place to put their savings, compared to more than half just over a year ago.

Despite an apparent soft landing for the property market and shares enjoying a rally during 2005, research shows people are less optimistic than they were at the start of the year.

The latest investor confidence index from the Association of Investment Trust Companies (AITC) makes for a gloomy read, with just 44% of active investors planning to increase their holdings in the coming year ˆ a considerable drop from the 58% who planned to do so back in February.

AITC communications director Annabel Brodie-Smith said: 'Although nearly a third of the general public still believe property will outperform the stock market over the next year, this figure has been consistently falling.

'We believe the repeated warnings about a property slowdown are beginning to have an impact, but it's a concern that many people are still banking on property prices rising.

'Markets have rallied since Halloween's Merger Monday, but this index was completed before then and clearly demonstrates that active investors' confidence was knocked by the stock market's tough ride during October. We'll have to wait and see whether the recent stock market rises have boosted their confidence.'

Just 30% of the public think property will outperform the stock market over the next year, compared to 40% in February, but investors are less optimistic with just 9% believing bricks and mortar is best.

They believe the best place for their cash is the stock market, with six out of 10 expecting equities to outperform property. This is down from seven out of 10 in February.

The AITC said that while the stock market's ups and downs may be off-putting, people needed to remember equity investment should be for the long term and over periods of five to 10 years shares and investment trusts usually outperform bank and building society accounts.

Bank chief says tax rises caused slump

LABOUR'S pledges to freeze income tax rates were 'blown apart' today as Bank of England chief Mervyn King said the Government had left people with less money to spend in the shops.

Chancellor Gordon Brown was forced on to the defensive when the Tories seized on Mr King's claim that the public had been hit hard by income tax and national insurance rises.

Mr King effectively admitted for the first time that the freezing of income tax thresholds had left people out of pocket. As salaries have risen, 1.6m people have become higher rate tax payers since 1997.

The phenomenon, known as 'fiscal drag', has long been highlighted by the Conservatives but has always been played down by Labour.

Shadow Chancellor George Osborne said Mr King had 'let the cat out of the bag on Gordon Brown's back-door income tax rises'. The attack came as Mr Brown launched his latest bid to boost business by announcing plans for every area of Britain to have residential 'enterprise' summer schools.

On a trip to Manchester to meet millionaires from TV's Dragon's Den, the Chancellor revealed that children would be encouraged to spend their holidays learning how to become entrepreneurs.

But the visit was overshadowed by Mr King's suggestion that income tax and National Insurance rather than council tax were to blame for a slump in the High Street.

The Bank Governor said: 'One factor is the quite sharp rise in the ratio of taxes to household disposable income.

'That ratio has gone up by almost two percentage points over the last couple of years, and contributed to a sharp slowing in real disposable incomes in the second half of 2004. It's not surprising therefore that, households spent less.'

He added: 'Over the past two years the ratio of council tax to disposable income has not gone up enormously. The biggest change has been income tax and National Insurance.'

Mr Brown, however, was concentrating on his summer schools plan. The Chancellor's own constituency in Scotland is one of the few in the country to run such schemes.

A network of enterprise summer schools will be set up in every region of England, Scotland and Northern Ireland with the first opening their doors next year.

Business leaders, teachers and enterprise advisers will run the schools providing education and advice for 14-16 year olds.

Mr Brown was also set to announce that next month's Pre-Budget Report will include further measures 'to boost British entrepreneurial talents and the enterprise culture'.

The Chancellor did not receive any personal upgrades from Virgin Atlantic on his flights to Washington, New York and Sydney, contrary to reports yesterday. Mr Brown's wife and son were upgraded as they accompanied him on government trips.

DON'T put off buying a home in the hope that prices will fall ˆ instead they will probably rise while you delay.

That's the message from mortgage lender Alliance & Leicester in a report published today. The bank says nearly three quarters of those who played the waiting game ended up having to pay more, rather than less.

A&L says around 21% of homeowners said they delayed their purchased because they thought property was overpriced, but 71% of these admitted they had lost out as a result.

In fact, the average would-be homebuyer waited for three years and 10 months before they finally bought, during which time the average cost of a home soared by nearly £34,000.

Those who postponed buying for five years faced an even bigger jump when they eventually decided to get on to the property ladder as the average cost of a home rose 87% to average £189,852.

Around 78% of people say they currently think property is overpriced, 15% of whom say they are delaying making a purchase in the hope that prices will come down.

The vast majority of people who are still waiting say they are prepared to put off buying for more than a year in the hope that prices will fall, with a third of these claiming they would wait for more than five years.

Among those who bought a home even though they thought property was overpriced, 11% said they had seen a considerable rise in the value of their property despite buying at what they thought was the top of the market.

Overall, 29% of people say they think house prices will fall in the near future, while 55% expect them to stay the same or increase.

THE average price of a London home has topped £300,000 for the first time. And prices are set to rise further, with two leading estate agents predicting increases of between 3% and 7% next year.

Property experts are confident that London has escaped the widely-feared crash. Figures published by the Land Registry show prices rose 4.5% last year - enough to push the average figure to £300,329.

The biggest winners were in Haringey, Kensington& Chelsea and Camden, where prices rose by 10%.

Brent also did well with a rise of nine% while in Hammersmith & Fulham, Westminster and Hackney, the increase was eight%. The main losers were Merton, where prices fell by 7%, and Enfield, where they dropped by three%.

The picture across the rest of London was of prices rising at about the rate of inflation. Over the country as a whole, the average price increased by 3.52% from £187,971 last year to £194,589 now.

The only downbeat note was sounded on the number of completed sales, which are lagging well below last year's levels. Sales fell by almost 35% at the beginning of this year but have now recovered and are running at 15% lower than a year ago in London.

The Land Registry's research also shows that London accounted for more than half of all sales of over £1m between June and September, taking 634 out of a national total of 1,140. Estate agent Knight Frank predicts an increase of five% next year - twice the national average.

In the City 'bonus belt' areas of Chelsea and Mayfair, the increase could be as much as seven%. The optimistic view was echoed by Jim Ward, director of Savills Residential Research, who put the expected growth down to 'the prospect of high city bonuses and continued buoyancy in the financial markets'. He expects growth next year of five% for the 'prime central areas' of the London market.

He added: 'We are already seeing price growth in this market, particularly at the top end. We expect the mainstream markets of London and the South-East to see a growth of three'

Milan Khatri, chief economist at the Royal Institution of Chartered Surveyors, said: 'Buyers have become more confident as the housing market crash has failed to happen.

'We expect the upturn in housing activity to be sustained, although with further significant interest rate cuts unlikely in the foreseeable future, any housing market boom is quite unlikely.' Jim Buckle, of propertyfinder.com, said most buyers in the capital - and not just those buying top-end homes - are more confident about taking on high levels of debt following the August interest rate cut.

He said: 'Homebuyers are now more willing to stretch themselves more in order to borrow enough to afford the property they want.

'People are now borrowing on average 58.5% of the value of the property, up from just 54% at the beginning of the year.'

House Building: July to September Quarter 2005
ODPM Statistical Release 2005/0228

This statistical release presents figures on new house building starts and completions in England and its regions up to the quarter ending September 2005. House building figures are also provided for the other UK countries.
Summary
In England during the quarter to September 2005 there were:
45,300 housing starts, down 1 per cent on the same period in 2004.
37,800 housing completions, down 5 per cent on the same period in 2004.
Most of the fall in completions occurred in London and the North West, where the latest quarterly figures are compared with relatively high numbers of completions in the same quarter last year.

During the twelve months to the end of September 2005 in England there were:
175,900 starts, up 2 per cent on the figures for the previous twelve months
154,900 completions, up 1 per cent on the figure for the previous twelve months
Provisional 2004/05 figures for the UK show 225,960 starts, up 7 per cent of the previous financial year, and 205,960 completions, up 8 per cent.
Recent trends in house building in England
Trends in housing starts and completions in England have levelled off during the last three quarters after a period of steady increase since 2002/03

We reveal how as pension 'A-Day' approaches, you could get a 40% discount off any property you buy

6 April 2006 could be the most important day of your life if you've ever dreamt of making your fortune in property. It will mark the most radical reform of the British pensions system in 50 years and is known as A.Day.

After this date you will be allowed to put property into your pension for the very first time. Also, even better, you can receive up to 40% off any commercial or residential property you purchase ˆ all with the blessing of the taxman.

Presently, the way to own property in a pension is through an insurance company property fund. From 'A-Day' onwards by the choice of a Self-Invested Pension (SIPP) you will, as an individual, be able to invest in commercial or residential property as part of your pension fund.

Every time you experience joy, there is one less person feeling pain. Each time you spread joy to another, the positive power of that joy begins to multiply.
There is no limit to how far and wide the joy can spread when you send it out beyond you. There is no telling what goodness will eventually result when you choose to nurture and send forth joy from your life.

To be truly joyful is not a self-centered pursuit. It is one of the most generous things you can do.

For your joy is infectious. The more sincerely you love life, the better life becomes for all those who come near you.

The joy you know will go out beyond you, out into a world where it will truly make a difference. Each moment lived in joy is a brilliance that can light the deepest darkness.

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