Property, mortgage and land transactions in Dubai have been picking up with the latest data showing there were 15,500 transactions worth AED60.5 billion in the third quarter of 2016. Overall, the data from the Dubai Land Department suggests that sales have been increasing steadily in the first eight months of the year. ‘Real estate transactions […] The post Dubai sees property sales rise as it builds up to Expo 2020 appeared first on PropertyWire . Continue reading
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Landlords urge UK to follow Irish example and abolish change to tax relief
A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading →
House prices in key global cities up 5.5% on average year on year
House prices across 150 key cities around the world increased by 5.5% on average in the year to June 2016, the strongest annual rate of growth for two years. Of the 150 cities tracked by the Knight Frank global residential cities index some 114 recorded positive annual price growth in the year to June and, […] The post House prices in key global cities up 5.5% on average year on year appeared first on PropertyWire . Continue reading →