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Residential rents up 2.3% year on year in UK
Private rental sector prices paid by tenants in Britain increased by 2.3% in the 12 months to September 2016, unchanged compared with the year to August 2016, the latest official data shows. There is some regional variation with the data from the Office of National Statistics (ONS) showing rents up by 2.5% in England and […] The post Residential rents up 2.3% year on year in UK appeared first on PropertyWire . Continue reading →
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 →
New mortgages in UK increased month on month but still below a year ago
The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading →