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Rental growth in UK slowed in second half of 2016
Residential rent growth in the UK slowed considerably in the second half of 2016 and ended the year with annual growth of 1.7%, down from the 3.8% recorded in December 2015, the latest index shows. Landlords agreeing new tenancies during December achieved more modest increases in rent than in previous months, with the annual rate […] The post Rental growth in UK slowed in second half of 2016 appeared first on PropertyWire . Continue reading →
Apartment rents fell across most of Dubai in 2016 and set for further decline in 2017
Rents for apartments in Dubai fell in most sectors during 2016 but some locations saw lease values rise, according to data from the official index published annually by the land department. The data from the Dubai Land Department shows that rents for two bedroom apartments, one of the most popular types of rental properties, fell […] The post Apartment rents fell across most of Dubai in 2016 and set for further decline in 2017 appeared first on PropertyWire . Continue reading →
More than half of tenants in UK private rented sector cannot afford to buy
More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property, new research has found. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers, particularly in London, cannot afford even […] The post More than half of tenants in UK private rented sector cannot afford to buy appeared first on PropertyWire . Continue reading →