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More people planning to buy a home in the UAE in next five years

More people living in the United Arab Emirates are planning to buy their own home in the next five years with the numbers renting set to decline, according to new research. Some 82% who currently rent a home expect to be able to buy in the coming years but it is a lack of savings […] The post More people planning to buy a home in the UAE in next five years appeared first on PropertyWire . Continue reading

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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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Rental growth slowing in London more than in rest of UK

Rents in London are increasing at a much slower rate than the rest of the country and the supply of homes to rent is still falling, the latest research shows. Just 8% of lettings agents report rents rising in London in February compared to 25% nationally, according to the latest monthly private rented sector report […] The post Rental growth slowing in London more than in rest of UK appeared first on PropertyWire . Continue reading

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