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Equity release in UK reached new records in 2016
Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading →
Residential market in Dubai close to bottom and likely to stagnate in 2017
Lower oil prices and currency changes affecting expats have affected Dubai’s residential real estate market with prices and rents still down in the fourth quarter of 2016 but now close to bottom. But the decline in the market is slowing and property experts believe that rents and prices will be more stable in the first […] The post Residential market in Dubai close to bottom and likely to stagnate in 2017 appeared first on PropertyWire . Continue reading →
UK Government urged to take steps to boost affordable homes in rural areas
The supply of affordable homes in rural areas of England is static having slowed to a three year low in 2016 and highlighting the need for fresh ideas to combat shortages in the countryside. The Country Landowners Association (CLA) says that local authorities continue to ignore the potential of Rural Exception Sites with latest official […] The post UK Government urged to take steps to boost affordable homes in rural areas appeared first on PropertyWire . Continue reading →