Tag Archives: transactions
New rules for real estate agents in Dubai to improve transparency
New rules have been introduced for estate agents in Dubai which mean they must have all advertising signed off by Dubai’s real estate regulatory department before going live and verify property ownership before conducting a sale or letting. But not everyone is pleases with the directions from the Real Estate Regulatory Agency (Rera) and the […] The post New rules for real estate agents in Dubai to improve transparency appeared first on PropertyWire . Continue reading →
Landlords in UK denied the legal right to challenge buy to let tax change
The High Court in London has rejected a legal application on behalf of residential landlords for a review of Section 24 of the Finance Act 2015 which will change the way their income is taxed from next year. The changes, which are due to come into force in 2017, would stop landlords being able to […] The post Landlords in UK denied the legal right to challenge buy to let tax change appeared first on PropertyWire . Continue reading →
Over half of UK landlords set to raise rents due to tax changes
Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading →