Month: September 2014

Buy-to-let property to house the majority of the next generation?

Buy-to-let property to provide housing for majority of next generation?

Almost two-thirds of current tenants believe they will always be living in rental accommodation, new research suggests. Summary: Two-thirds of tenants think they will never be able to buy a home and will live in rented accommodation Only 1.4 million people aged between 24 and 35 own their own home Investors and landlords are set… Read more »

2bn AED Emirati city to be developed in Ras Al Khaimah

2bn AED Emirati city to be developed in Ras Al Khaimah

A new property development in Ras Al Khaimah will see the construction of 2,000 new homes at a cost of 2 billion AED. Summary: A new 2,000-home property development in Ras Al Khaimah has been announced The construction is set to begin in 2015 and will be completed within four or five years It follows… Read more »

Residential property in England and Wales appreciates 8.4% year on year

Residential property in England and Wales appreciates 8.4% year on year

Property investors have seen average capital growth of 8.4% in the past 12 months, according to new figures. Summary: Land Registry figures show year-on-year appreciation of 8.4% in England and Wales A 1% rise in August saw the average house price rise to £177,824 High capital growth and strong monthly yields are propelling new buy-to-let… Read more »

Dubai property market to receive new broker rules

Dubai property market to receive new broker rules

The Real Estate Regulatory Agency is to set new broker rules to further regulate the Dubai property market. Summary: New rules will be introduced next year to further regulate Dubai’s property brokers Brokers will be required to achieve 85% in the mandatory licence renewal test There were 17,289 Dubai real estate transactions worth £1.2 billion… Read more »

South-west dominates worst buy-to-let postcodes

South-west dominates worst buy-to-let postcodes

The most profitable buy-to-let investment postcodes are all in the north of the UK, new research has found. Summary: Buy-to-let properties are much more profitable in the north of England Nine out of ten of the worst buy-to-let postcodes can be found in the south-east Many investors are turning to the hassle-free benefits of student… Read more »

Dubai’s Business Bay named a top-value property investment location

Dubai’s Business Bay named a top-value property investment location

Dubai’s Business Bay has been named as one of the best up-and-coming global property hotspots. Summary: Knight Frank has named Dubai’s Business Bay as an emergent global property hotspot   Price growth can be expected in all of Dubai’s major property markets in the coming year By international standards, the Dubai property market still offers affordable… Read more »

Student property is now a distinct global asset class

Student property is now a distinct global asset class

Following widespread success in the US and UK, student property investments are set to become a distinct global asset class. Summary: Savills has said student property has grown into an exciting new global asset class Maturing markets in the US and UK offer a counter-cyclical, high-yielding investment There will be student accommodation investment potential in… Read more »

Dubai Marina apartments favoured by property buyers

Dubai Marina apartments favoured by property buyers

Dubai Marina apartments are highly sought after in a more mature Dubai property market, new research has revealed. Summary: Apartments in Dubai marina are more sought after than apartments elsewhere in the emirate’s property market This year’s Cityscapes Global event unveiled many new exciting property developments Off-plan property in Dubai has become more popular with… Read more »