Middle East
Apartment rents fell across most of Dubai in 2016 and set for further decline in 2017
Rents for apartments in Dubai fell in most sectors during 2016 but some locations saw lease values rise, according to data from the official index published annually by the land department. The data from the Dubai Land Department shows that rents for two bedroom apartments, one of the most popular types of rental properties, fell […] The post Apartment rents fell across most of Dubai in 2016 and set for further decline in 2017 appeared first on PropertyWire . Continue reading →
More than half of tenants in UK private rented sector cannot afford to buy
More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property, new research has found. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers, particularly in London, cannot afford even […] The post More than half of tenants in UK private rented sector cannot afford to buy appeared first on PropertyWire . Continue reading →
Tax changes named as top concern for British landlords in 2017
Changes to tax relief on mortgage interest payments is the top concern for buy to let landlords in the UK and they would also like to see other taxes cut. The change to tax relief is due to come into force in April but landlords are still hoping that the Government will do a U-turn […] The post Tax changes named as top concern for British landlords in 2017 appeared first on PropertyWire . Continue reading →