Month: June 2013

Number of FTB transactions rises 15% in April

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First-time buyer transactions increased by 15% in April, totalling 22,000. Summary: 22,000 properties were purchases by FTBs in April 2013 This is 15% more than in March 51% of FTB transactions in April were self-funded The number of first-time buyers (FTBs) that entered the UK property market in April rose by 15% in comparison with… Read more »

Buy-to-let report shows gap in the market for student property investments

Key with keyring on a house

Select Property has released a buy-to-let report examining the market. Summary: Select Property has published a report on the buy-to-let market This looked at the current conditions of the buy-to-let industry It also looked at the future of the student property sector A new report on the buy-to-let market in the UK has revealed profitable… Read more »

Scottish private rental sector will see conditions improve

Edinburgh aerial view

A new private rented market strategy in Scotland aims to improve conditions in the sector. Summary: The Scottish Government has released its Private Sector Strategy This aims to improve conditions by working closely with letting agents and landlords It sets to ensure letting agents meet industry standards The private rental market in Scotland will experience… Read more »

Master’s degrees ‘too costly for many graduates’

Dubai a favourite destination among Indian property investors

Many people in higher education in the UK are being priced out of doing master’s degrees, as they are too expensive. Vice-President (Higher Education) for the National Union of Students (NUS) Rachel Wenstone said: “Thousands of talented people are denied the chance to go into postgraduate education simply because they don’t have access to the… Read more »

Arab Spring is ‘helping to boost Dubai’s economy’

Cost of property in Dubai far lower than other cities

Dubai is considered as a safe haven compared with other areas of the Middle East, as a result of the Arab Spring. Summary: Firms from Arab Spring countries have moved their interests to Dubai It is a safe place for them to invest their money Dubai’s economic and tourism sectors have been growing as a… Read more »

Universities ‘should do more to attract disadvantaged students’

More should be done by universities in the UK to encourage more people from disadvantaged backgrounds to attend. This is the opinion of Les Ebdon, the access ombudsman for higher education in England, who advised universities that data reveals there is a disproportionate number of applicants from affluent backgrounds compared to those from deprived areas…. Read more »

Rental fees rise by 1.8% between May 2012 and 2013

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Rental charges in the UK rose on average by 1.8% between May 2012 and May 2013. Countrywide Lettings has just released its Monthly Lettings Index, which also showed rental fees for two-bedroom properties in the UK increased significantly last month, climbing by 0.5% between April and May. This took the average rent for two-bedroom homes… Read more »

RAK’s property prices rise by 16% in Q1

property investment graph

Property values in Ras Al Khaimah climbed 16%in the first quarter of the year. Summary: RAK house values rose 16% in Q1 2013 They also climbed between 10% and 12% in 2012 Demand for properties is mainly from end users House prices in Ras Al Khaimah (RAK) have been climbing recently, according to recent figures…. Read more »