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Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading

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Dubai property sales down by 24% in third quarter of 2016

Residential property sales in Dubai fell by 24% in the third quarter of 2016 compared to the previous quarter and prices and rents were all down slightly, the latest data shows. Villa and apartment prices both fell by 1% and rents were also down 1% quarter on quarter, according the Dubai residential report from international […] The post Dubai property sales down by 24% in third quarter of 2016 appeared first on PropertyWire . Continue reading

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Call for stamp duty change in UK to boost residential property market

It is almost certain that the UK Chancellor Philip Hammond will address issues in the property market in his autumn statement later this week with stamp duty and landlord tax being flagged as needing reform by the real estate industry. The latest plea for change comes from estate agents Stirling Ackroyd. Head of residential development […] The post Call for stamp duty change in UK to boost residential property market appeared first on PropertyWire . Continue reading

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