The 12-year-old son of the Azerbaijan president has gone on a multi-million pound property spending spree, buying up a series of luxury Dubai waterfront mansions.

A Citigroup economist has warned that a hung parliament or a Labour victory at the next election would add an average of £65 to individual mortgage costs.

When you think of the past damage done to the UK economy by sub-prime lending in America, this talks about what’s yet to happen in the US through 2010 and 2011 – which MUST have an impact here, especially on our Banks and mortgage lending policies.

Wealthy private investors are increasingly lending their money to small property development schemes in London and the south-east, attracted by double-digit returns.

About one in 20 houses in the UK lie empty. Nearly a million homes haven’t been occupied for the past six months or more, often to the detriment of the property itself.

September proved to be a reassuring and important month for the housing market as it showed that the first indicators of recovery were strong enough to survive the seasonal decline in activity.

Most people who are very wealthy today didn’t get there by earning every investment dollar themselves. If they would have had to save up every cent before starting a venture, they probably never would have been able to build an empire at all.

As you more than likely already know, investment in rental property can be extremely lucrative. However, many people don’t really know enough about it in order to use it.

I know that you think property investment in the current climate is madness! Yes it is if you expect an immediate return on your investment, but that isn’t what property investment is really about.

This article will give you four tips that can help take you from barely making any profit from property to making huge amounts of money.