Correction: The buses that are to resume are within regions of Abu Dhabi and not between emirates as was reported on the podcast.
On today's update we have the latest coronavirus figures, Abu Dhabi to resume inter-city bus services and businesses in Dubai no longer need to carry out temperature checks in the new year.
The Sinopharm vaccine is 79 per cent effective, less than previously thought. In Yemen an airport blast kills dozens and the US sends more B-52 bombers to the Gulf in a warning to Iran.
Thoraya Abdullahi joins us for what's trending including Brexit, Jakarta and the UK flight ban.
Game Changer
Director: Shankar
Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram
Rating: 2/5
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.