Month: March 2014

96.2% of properties are selling for asking price

96.2% of UK properties sold for their asking price in March, meaning investors need to carefully consider their options The number of properties selling at their asking price reached a ten-year high in March, according to new data. Figures from a Hometrack survey revealed that 96.2% of properties sold for their asking price, which increased… Read more »

The year ahead: What does 2014 mean for the housing market?

The year ahead: What does 2014 mean for the housing market?

After property growth throughout 2013, much of the same is expected in the coming year, according to a new report from Select Property Summary 2013 saw 11.6% growth in London compared to 2012 and steady growth in the rest of UK Demand outstripping supply in housing market – just 125,000 homes built in 2012-13 Strong… Read more »

Select Property named as finalist in prestigious RESI Awards

RESI Awards 2014

Select Property has been shortlisted in the ‘Residential Investment Agency of the Year’ category in the prestigious RESI Awards 2014 in recognition of its achievements as a UK property consultancy. The property investment specialist has been named as a finalist for the national accolade alongside some of the most respected names in the sector, with… Read more »

Dubai International overtakes Heathrow as world’s number one airport

Dubai International airport

Passenger numbers for the first two months of 2014 suggest Dubai International is on course to become the world’s number one airport Summary Passenger traffic up by 13.5% to 12.1m passengers in January and February 2014 Heathrow saw figures of 10.3m during the same time period 2013 saw Dubai airport welcome 66.4m passengers with a… Read more »

Select Property reports student sector to see boost in 2014

A report from Select Property into what 2014 could hold for the property market suggests that student property could have a big role to play The property market is expected to experience continued growth in 2014 and student property could be a key area, according to a brand new report from property investment specialist, Select… Read more »

Could property provide a viable alternative to ISA investment?

For investors looking to invest more than the new £15,000 ISA threshold, the buy-to-let property market could be a solution Chancellor George Osborne made the announcement in his budget speech that the Individual Savings Accounts (ISA) system will undergo changes – as £15,000 can now be placed into an ISA as either cash or shares…. Read more »

2015 Pension Changes: Have the confidence to make an investment

Experts warn of advice void ahead of pensions 2015 freedom changes

As part of the 2014 Budget, the chancellor announced a huge change in pension rules by stating that retirees can now draw their entire pension pot rather than having to purchase a retirement annuity. This has major implications for over 55s who are considering which steps to take next with their pension as it gives… Read more »

Dubai Industrial City attracted 158 new businesses in 2013

Dubai

Dubai International City saw steady growth in 2013, with 158 new businesses being attracted to the region, driving up revenue by 33.2% Summary Dubai Industrial City attracted 158 new companies in 2013 –total at site now more than 500 The City experienced a 33.2% increase in revenue and EBITDA registering up 67.1% Warehouse occupancy at… Read more »