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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 14 Feb 2005 07:52:59 +0000
/ Author of the message: Biwah |
Title of the message: |
Guardian: EU mortgages poised for shake-up
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Text of the message: |
EU mortgages poised for shake-up Commissioner promises to slash bureaucracy and costs for cross-border loans in EUR4 trillion market David Gow in Brussels Monday February 14, 2005 The Guardian The EU is planning a radical shake-up of Europe's EUR4 trillion (£2.75 trillion) mortgage market this year to make it easier for consumers to get cheaper cross-border home loans, according to Charlie McCreevy, the internal market commissioner. Mr McCreevy, a former Irish finance minister, said last night that he intended acting on 48 recommendations put forward last year by a group of financial experts for opening up the mortgage market in which only 1% of loans are now cross-border - mainly for second homes abroad. He also made plain, in an interview with the Guardian, that he would scrap or amend myriad regulations stifling economic growth and resist the pressure of EU bureaucrats for new laws in financial services and other sectors, and |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.