Property Sales
More affordable homes set to revive Dubai property market next year
Average property prices in Dubai are down by 4% compared with last year but the residential real estate market is expected to revive in 2017 driven by buyers wanting more affordable homes. This could be helped by developers increasingly targeting the affordable segment of the property market with smaller units and there are numerous report […] The post More affordable homes set to revive Dubai property market next year appeared first on PropertyWire . Continue reading →
Large number of UK home owners sell for less than expected, research suggests
Some 41% of home owners selling in the UK in the past five years have had to settle for price cuts on their original valuation with one in 12 selling for a much lower price, new research has found. But there is considerable regional variation with just 6% of sellers in London having to sell […] The post Large number of UK home owners sell for less than expected, research suggests appeared first on PropertyWire . Continue reading →
First time buyers in Scotland borrow more in third quarter of 2016
First time buyers are driving the property market in Scotland with more loans advance to them in the third quarter of 2016 than any quarter since 2007. The latest data from the Council of Mortgage Lenders (CML) shows that overall home buyers borrowed £2.2 billion for house purchase, up 5% quarter on quarter but down […] The post First time buyers in Scotland borrow more in third quarter of 2016 appeared first on PropertyWire . Continue reading →