Month: October 2016

UK rental costs hit record high of £887 per month

UK rental costs hit record high of £887 per month

As renting becomes an increasingly popular choice for households across the UK, falling supply and rising demand have pushed rental costs to their highest ever. Summary: Uncertainty in the UK economy following the EU referendum has seen the popularity of renting soar Demand for quality rental properties has placed upward pressure on the average cost… Read more »

UK housing: Why buy-to-let has failed Generation Y

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While investors & the government may finally be realising buy-to-let’s limitations, for a generation of tenants its drawbacks have been evident for years. Buy-to-let is dead, done, finished. First came the end of mortgage tax relief. Then came the rise in stamp duty for buy-to-let investments and second homes. In 2016, many investors finally conceded… Read more »

International investors taking advantage of record-low pound

International investors taking advantage of record-low pound

As the FTSE 100 hits an all-time high as buyers look to take advantage during currency window of opportunity. But is property the stronger investment? Summary: A weakened pound is driving investor sentiment in the UK’s primary financial markets The FTSE 100 hit an all-time high on October 11th as the index’s overseas investors continue… Read more »

Ras Al Khaimah needs 25,000 new rooms to meet tourism surge

Ras Al Khaimah needs 25,000 new rooms to meet tourism surge

The Ras Al Khaimah Tourism Development Authority are urging for property investors to look towards the emirate as demand from visitors begins to outpace supply. Summary: Ras Al Khaimah’s tourism industry is growing at such a rate that thousands of new units are needed by 2025 to meet demand Overall visitor numbers to Ras Al… Read more »

Circle Square joins forces with Manchester Literature Festival

Circle Square joins forces with Manchester Literature Festival

Circle Square is proud to announce its partnership with the 11th edition of the Manchester Literature Festival. A joint venture by Select Property Group (SPG) and Bruntwood, the city’s newest neighbourhood on Oxford Road will mark the event by creating a pop up library where more than 400 books, signed by some of the authors,… Read more »

Dubai property: Strong investor demand for studio apartments

Dubai property: Strong investor demand for studio apartments

A strong rental market and significant undersupply of studio apartments is driving investor demand for studio apartments says Dubai developer. Summary: Dubai property investors are identifying the opportunity to buy studio apartments in key districts A strong rental market, coupled with rising demand from young business professionals, means buyers can achieve high yields in this… Read more »

Dubai property sales rise month-on-month in build-up to Expo 2020

Dubai property sales rise month-on-month in build-up to Expo 2020

With the world’s largest trade fair coming to Dubai in 2020, the property market in the emirate is recovering ahead of what experts’ predicted. Summary: Property sales within the Dubai property market have increased month-on-month, with transactions reaching over AED 60 billion in Q3 The property market appears to be experiencing a recovery ahead of… Read more »

Singapore property cooling measures to stay despite slump

Singapore property cooling measures to stay despite slump

Despite the market enduring a 41-year low point, Singapore’s National Development Minister reiterates his stance on the need for cooling measures. Summary: Singapore property market cooling measures are unlikely to be eased anytime soon The country’s National Development Minister explained that the government looks at “the broader considerations” rather than whether prices fall by a… Read more »