Month: October 2013

UK property prices grew by 3.8% over 12 months

UK property prices grew by 3.8% over 12 months

Property values in the UK rose by 3.8% year-on-year to August 2013. Summary: Property prices grew by 3.8% between August 2012 and August 2013 House values rose by 0.5% between July and August 2013 First-time buyers spent 4.9% more in August 2013 than the year before The cost of buying a property in the UK… Read more »

No limit to the number of Chinese overseas students, says Chancellor

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Chancellor George Osborne has announced that visa applications for Chinese nationals entering the UK will be simplified. China is one of the UK’s most lucrative markets for tourism and business, with more than 200,000 visas issued to Chinese nationals last year. Mr Osborne has also reiterated that there is no restriction on the number of… Read more »

No limit to the number of Chinese overseas students, says Chancellor

This week Chancellor George Osborne and Mayor of London Boris Johnson have been part of a UK delegation visiting China to promote its economic ties with Britain. One of the most prevalent initiatives being announced is that visa applications for Chinese nationals entering the UK will be simplified. Under the plan, Chinese nationals coming to… Read more »

RAK Airport sees passenger nos rise by 69%

Changes to Dubai’s holiday home market to boost sector

There has been a 69% increase in the number of people visiting RAK International Airport since the start of 2013. Summary: 69% more tourists have travelled to RAK International Airport this year This is the result of new routes to and from the travel hub These include routes to Islamabad, Pakistan, Amman and Riyadh Ras… Read more »

Moving to Dubai – how to choose where to live

New regulations lead to ‘sustainable growth’ for Dubai property market

When moving to a different country, there is a lot of information you have to learn in order to make relocating as smooth a process as possible. After you have got a new job, found somewhere for your children to go to school and organised your visas, you’ll be beginning to look for somewhere to… Read more »

Govt launches new phase of Help to Buy scheme

Gvt launches new phase of Help to Buy scheme

The government’s Help to Buy scheme will help homebuyers with a deposit of 5% get on the property ladder. Summary: A new phase of the Help to Buy scheme has been launched 15% of the property’s value will be guaranteed by taxpayers The initiative will cost the government £12 billion The government’s Help to Buy… Read more »

Developers keen to fill gap in student accommodation

There are lots of opportunities for developers and property investors to boost the student accommodation market in the UK. This is according to Colum McGuire, Vice President (Welfare) of the National Union of Students (NUS), who told Channel 4 News that private developers are filling the gap left by universities that have not been able… Read more »

August saw 95,000 tourists visit RAK

August saw 95,000 tourists visit RAK

More than 95,000 visitors came to Ras Al Khaimah (RAK) in August – 28% more people than August 2012. Summary: RAK saw a record number of visitors come to the Emirate in August More than 95,000 tourists visited ahead of Eid-al-Adha This is 28% more than in August 2012 A huge number of tourists visited… Read more »