Month: June 2013

Select Property sells 90% of West Avenue development in 5 months

The interior of an apartment in West Avenue

Select Property has already sold 90% of West Avenue in Dubai Marina five months after launching the project. Summary: West Avenue is the first residential development in Dubai Marina since 2008 Select Property has sold 90% of the West Avenue project West Avenue includes 270 one and two-bedroom apartments and four penthouses Select Property has… Read more »

Buy-to-let report reveals market is getting stronger

The buy-to-let market has been improving over the last few years. Summary: BTL mortgages has risen from 44,000 in 1999 to 122,000 in 2011 £3,100 million was lent to BTL investors in 1999 compared with £14,000 million in 2011 The BTL sector is now looking “robust” The buy-to-let (BTL) market in the UK is getting… Read more »

Olympian Diane Modahl visits UofM with local schoolchildren

Olympic athlete Diane Modahl has helped schoolchildren in the north-west get excited about education by taking them on a trip to The University of Manchester (UofM). Earlier this week, the gold medallist held an event at the higher education establishment, during which interactive workshops took place, as well as a campus tour around the university… Read more »

UK homeowners predict house values will rise over year

UK property prices grew by 3.8% over 12 months

House values in the UK will increase over the next year, say homeowners. Summary: Households in all regions of the UK think property values will rise over the next year June’s house price confidence is 53.2, a rise from 52.2 in May 15% of homeowners said their property value rose between May and June There… Read more »

One-third of FTBs prepared to continue to rent for three years

RICS: UK house prices set to rise by 8% in 2014

The UK has become a nation of renters as few people are willing to save for a deposit for more than three years. Summary: Only one-third of non-homeowners are willing to wait three years to save up for a deposit on a property 21% of 20-45-year-olds have given up on the dream of owning a… Read more »

Emirates named ‘world’s best airline’ at award show

Emirates Airline plane 2

The title for the World’s Best Airline has been given to Emirates Airline. Summary: Emirates has been given the World’s Best Airline award at the 2013 World Airline Awards It also won Best Middle East Airline and World’s Best Inflight Entertainment awards Emirates Airline has won over 500 awards Emirates Airline has been honoured with… Read more »

20% of second-time homebuyers ask parents for financial help

Money notes

Nearly 20% of second-steppers need financial help from their family members, according to Lloyds TSB. Summary: 18% of homeowners ask for financial help from their family to climb the property ladder 59% plan to use their savings and 77% hope equity in their home will help them buy a second property There is typically a… Read more »

Vita Student at The Chapel, Liverpool update – June 2013

Vita Student is pleased to update you on the current construction progress and news for Vita Student at The Chapel. As pictures show, the roof structure is now in place and the roof coverings are being fitted. Finishing works are proceeding at great pace on The Chapel building, mechanical services pipework and fitting of electrical… Read more »