Middle East

Mayor of London gets involved in rejected new home developments

The Mayor of London has stepped in to review two planning decisions rejected by councils in the city which have the potential to provide hundreds of new affordable homes. The move sends signals to councils that they need to work to make developments of new homes viable at a time when at least 200,000 new […] The post Mayor of London gets involved in rejected new home developments appeared first on PropertyWire . Continue reading

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Research suggest people looking to remortgage underestimate savings potential

A significant number of home owners are planning to remortgage in 2017 but research suggests many underestimate the saving they could make. Some 31% of eligible home owners planning to cash in on low interest rates with 25% looking to do so this month, but the potential savings are being underestimated by nearly half, according […] The post Research suggest people looking to remortgage underestimate savings potential appeared first on PropertyWire . Continue reading

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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

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