Tag Archives: bankruptcy

18 months in jail for bankrupt property developer Latest Articles, Property Investment News

A wooden Gavel

A property investor has been jailed for failing to declare funds

 

A property developer has been sentenced to 18 months in prison after failing to declare £143,000 he removed from his estate. 

Giles Nicholas Gilbey had received the money from his share of the sale of his family home. He could not satisfactorily show where the money had gone, despite knowing it should have gone to his creditors. Continue reading 18 months in jail for bankrupt property developer


UK interest rates may not rise for years, says BoE governor Latest Articles

The Bank of England interest rate may hover around 0.5% for at least another two years because of a weak economy and overwhelming personal debt.

Bank governor Mervyn King has hit out at interest rise hawks speculating that rates must soon go up in a speech to a finance committee at the European Parliament. Continue reading UK interest rates may not rise for years, says BoE governor


The origins of the phrase Bulls and Bears – heated debate Latest Articles, UK Property Forum for Buy to Let Landlords

This week I’ve been involved in a group debate with three people who hide their identity on a popular property investors forum. 

The people on the opposite side of the debate consider me to be a property Bull and themselves to be Bears.  They do not invest into property.  One went under the handle “Wisebear”. Continue reading The origins of the phrase Bulls and Bears – heated debate


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