pressure
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
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 →
Property professionals in UK not ready for smart building revolution
The UK is a decade away from a smart building revolution that will generate new revenue streams for business with three in four property professionals expecting to gain from it, according to new research. However, less than a quarter have taken action to become involved and major mean progress will falter unless the property sector […] The post Property professionals in UK not ready for smart building revolution appeared first on PropertyWire . Continue reading →