Australasia

New database will help regulate rent prices in Dubai

A new star rating system for determining rental rates for properties in Dubai is expected to be ready by the end of 2017, it has been confirmed. The Dubai Land Department (DLD) said that the rating system will apply to all residential and commercial buildings completed before 2010. It also announced that it is almost […] The post New database will help regulate rent prices in Dubai appeared first on PropertyWire . Continue reading

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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

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House prices in England and Wales were flat in September, agents index shows

House prices across England and Wales were flat in September and are now up 3.5% compared to a year ago but the headline figure masks regional variations, according to the latest index. At £292,763 the average price of a home is now almost £10,000 more than a year ago but some regions are seeing strong […] The post House prices in England and Wales were flat in September, agents index shows appeared first on PropertyWire . Continue reading

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