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Call for MOT system for rented homes in UK
New minimum standards should be introduced for the private rented sector in the UK and landlords should receive tax incentives for signing up to accreditation schemes, it is suggested. More needs to be done to improve the quality of private homes across the board, including a new set of minimum standards for landlords which cover […] The post Call for MOT system for rented homes in UK appeared first on PropertyWire . Continue reading →
Tax change could result in UK landlords putting up rents by 20% to 30%
Tenants in the UK private rented sector face potential rent increases of up to 30% as a result of tax changes, it is claimed in a new analysis report. Tax changes, including the 3% extra stamp duty on additional properties, that have affected landlords are having a negative effect on the supply of rental properties […] The post Tax change could result in UK landlords putting up rents by 20% to 30% appeared first on PropertyWire . Continue reading →
Prime property market in London still hit by tax, politics and the economy
Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading →