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35 articles found

Interest rate cut boosts property market

05 Aug 16

On Thursday 4th August, the Bank of England cut interest rates from 0.5% to an all-time low of 0.25%, the first time the rate has changed since 2009.Mark Carney, the Governor of the Bank of England, said lenders “have no excuse” not to pass on the rate cut, having also …

Contributed by: Mike Nicholls

Tags: Brexit, Gibraltar, Off plan, base rate, interest rate, Gibraltar property investment

Boris Johnson reaffirms UK’s position on Gibraltar in future Brexit negotiations

01 Aug 16

Boris Johnson, the UK’s Foreign Secretary, has reaffirmed the UK’s commitment to include Gibraltar fully in its negotiations with the EU whilst also reaffirming the sovereignty status of Gibraltar.  Mr Johnson was replying to a letter dated 8 July 2016 sent to the …

Contributed by: Mike Nicholls

Tags: Brexit, Boris Johnson, Gibraltar, Referendum

The future building programme in Gibraltar

11 Jul 16

In the Chief Minister’s Budget Address, he set out his state of the nation in terms of property development. It was unequivocal - build more and build higher. This will be unpalatable for some, however, it is so important to Gibraltar’s economy if we are to house just …

Contributed by: Mike Nicholls

Tags: Gibraltar off-plan, Gibraltar budget

Off-plan property update - Gibraltar

04 Jul 16

On 4th July 2016 we contacted all developers of the major off-plan schemes in the Gibraltar property market.  There seems to be no adverse Brexit effect and the common message was "business as usual".   The supply of these properties is crucial to many future …

Contributed by: Mike Nicholls

Tags: Off-plan property, Gibraltar, Ocean Village, Midtown, Quay 29, Bourne Place, Tarik Views, The Arches, World Trade Center

Brexit and the Gibraltar Property Market

20 May 16

On 14 April 2015, which is thirteen months ago based on the day that I wrote this article, Ed Milband was odds-on favourite to be the next British prime minister. By polling day in May 2015, opinion polls and bookmakers had Labour and the Conservatives neck and neck. As we …

Contributed by: Mike Nicholls

Tags: Brexit, Gibraltar, Gibraltar property

35 articles found

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