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Job concerns and fall in oil prices impacting property markets in Abu Dhabi
The Abu Dhabi residential real estate market saw a slight slowdown in the first half of 2016, mainly due to the decrease in oil prices since the beginning of 2015, according to the latest analysis report. Overall, residential rental rates decreased by 3% on average with high end property rents down by 4% while there […] The post Job concerns and fall in oil prices impacting property markets in Abu Dhabi appeared first on PropertyWire . Continue reading →
Around half of homes in cities such as London and Manchester are leasehold
Leasehold properties, which can take longer to buy and come with additional costs, are alive and well in England and Wales, particularly in London and Manchester, new research shows. Indeed some 53% of homes in London are leasehold and 46% in Manchester while overall in the country just 15% are leasehold, according to a report […] The post Around half of homes in cities such as London and Manchester are leasehold appeared first on PropertyWire . Continue reading →
UK Government seeks evidence on impact of super basement developments
As part of a review of so called super basements in London, the UK Government is seeking evidence on how these developments impact on neighbouring properties. It is asking for details on the number of basement developments, how they are treated by the planning system and how any adverse impact can be dealt with through […] The post UK Government seeks evidence on impact of super basement developments appeared first on PropertyWire . Continue reading →