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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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Demand in private rented sector in UK is for longer tenancies

People in the UK want longer tenancies, new research has found, and it seem that landlords also want to be able to provide more stable, longer lets. One new piece of research show that four in 10 tenants expect to rent a property for up to 10 years while the Residential Landlords Association (RLA) believes […] The post Demand in private rented sector in UK is for longer tenancies appeared first on PropertyWire . Continue reading

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Failure to address stamp duty in UK housing market is stifling activity, it is claimed

After the hope generated by the Government’s recent housing white paper that it is serious about sorting the crisis hit housing market, it may have delivered counterproductive blow by failing to address the issue of stamp duty. There was hope in the housing industry that Chancellor Philip Hammond would take on board concerns that the […] The post Failure to address stamp duty in UK housing market is stifling activity, it is claimed appeared first on PropertyWire . Continue reading

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