Month: August 2014

Buy-to-let market buoyed by next generation house prices of £3.4m

Buy-to-let market buoyed by next generation house prices of £3.4ma

Property price rises in the UK mean that a child born in 2014 could be paying up to £3.4 million for their first property. Summary: A child born in 2014 will have to pay £3.4 million for their first property Property appreciated by 8.6% annually since 1956 The UK’s buy-to-let market is stronger than ever… Read more »

Dubai’s World Expo site begins to take shape

Dubai’s World Expo site begins to take shape

After prompting so much new property investment in Dubai, work begins on the World Expo 2020 site. Summary: Construction work is about to commence on Dubai’s World Expo 2020 site Dubai’s Expo Preparatory Committee announced the appointment over a new consortium World Expo 2020 is set to provide a £13 billion economic windfall After prompting… Read more »

Buy-to-let landlords to see unexpected high capital appreciation

Buy-to-let landlords to see unexpected high capital appreciation

Buy-to-let landlords can expect to see capital appreciation of around 9.5% in 2014, as Savills ups its property price predictions. Summary: Residential property prices are set for growth of 9.5% this year Savills has reforecast its five-year house price prediction, upping it to 25.7% House price growth is adding to the strong rental returns buy-to-let… Read more »

Dubai property investment ‘propelled by UAE’s safe-haven status’

Dubai property investment ‘propelled by UAE’s safe-haven status’

The stable UAE economy is giving investors the confidence to buy into the Dubai property market, according to the head of the region’s biggest bank. Summary: Strong and stable UAE economy is supporting significant Dubai property investment £6.1 billion worth of Dubai property transactions were completed in first half of 2014 UAE’s GDP growth forecast… Read more »

Furnished apartments achieve highest buy-to-let rates

Furnished apartments achieve highest buy-to-let rates

Tenants prefer buy-to-let accommodation that is already furnished – and they are willing to pay for it. Summary: Furnished flats command a rental premium of 8.1% across the UK’s cities and towns Furnished apartments can help minimise void periods due to their greater appeal to tenants Students are also paying premiums for purpose-built and furnished… Read more »

Future Dubai property investment backed by economic expansion

Future Dubai property investment backed by economic expansion

Dubai’s property market is set to benefit from underlying economic expansion prior to the World Expo 2020 event.  Summary: Dubai set to experience GDP growth of 5.6% in 2014 Dubai’s economy is built on a strong base of tourism, transportation and trade Both rents and property prices have seen significant growth so far in 2014 … Read more »

Dubai property market helps UAE retain top construction reputation

Dubai property market helps UAE retain top construction reputation

Large-scale Dubai property and infrastructure investment has helped the UAE retain top spot in the upcoming GCC Construction report 2015. Summary: The UAE retains its top spot in the forthcoming GCC Construction report 2015 $52 billion worth of construction projects have been issued in Dubai in the last year The UAE will be the region’s… Read more »

International students are a ‘great asset’ to the UK

International students are a ‘great asset’ to the UK

With high numbers of international students helping to boost the property market and overall economy, politicians have called for them to be exempt from net immigration figures. Summary: Lord Heseltine calls international students a great financial asset to the UK Applications to UK universities have increased by 7% over the past 12 months Student property… Read more »