affordability

Letting agent fee ban will lead to higher rents, industry warns

The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, ads, advice, affordability, affordable, age, agent, agents, analysis, ASA, autumn statement, average, bank, Brexit, broadband, build, building, business, businesses, buy, Buy to Let, Buyers, buying, challenge, chancellor, change, changes, Chartered Surveyors, commercial, Commercial Property, Company News, consultation, cost, costs, coup, data, decisions, Design, England, estate, Europe, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, fund, funding, government, home, house prices, Housing, housing ladder, housing market, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, letting, Letting Agents, Lettings, lettings agent, Location, London, market, marketing, money, mortgage, mortgages, move, moving, national, new, new home, News, North America, office, ONS, Outlook, Planning, policy, policy change, premium, pressure, price, priced, prices, private rented sector, products, Property, property industry, property market, Property Sales, purchase, qualifications, quality, regulation, rent, rent rises, rental, Rental Market, renters, renting, rents, research, Residential, review, sales, saving, Scotland, search, sell, Sellers, sentiment, Stamp Duty, standard, surcharge, survey, Surveyors, tax, Taylor Scott International, tenancies, tenancy, Tenants, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value, Wales, young people | Tagged , , , , , , , , , , , | Comments Off on Letting agent fee ban will lead to higher rents, industry warns

Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, activity, ads, advice, affordability, affordable, age, analysis, ASA, average, borrowers, Brexit, Bristol, build, Build To Rent, building, buy, Buy to Let, Buyers, buying, change, commercial, Commercial Property, Company News, data, Deposit, Deposits, Dubai, estate, Europe, figures, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, Flats, fund, future, home, home lending, homes, house prices, Housing, housing ladder, Hunters, Income, Index, interest, invest, Investment, investments, Ireland, land, Leeds Building Society, Legal, lender, lenders, Lending, Loans, Location, London, market, Middle East, mortgage, mortgages, move, moving, new, News, North America, ONS, Planning, policy, price, prices, products, Property, property industry, Property Sales, purchase, qualifications, quality, quarterly, referendum, regulation, Remortgage, rent, rental, renting, research, Residential, Rics, sales, search, sell, Sellers, sentiment, Shows, standard, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, value, viewings, Wales, Yields | Tagged , , , , , , , , , , | Comments Off on Fewer first time buyers in London taking out mortgages compared to a year ago

Increased regulation affecting access to finance for UK home buyers

The UK has seen major changes when it comes to mortgage regulation and this has delivered a stable lending market but new research suggests this has come at the expense of home buyers. A new report from the Intermediary Mortgage Lenders Association (IMLA) which looks at regulation since the economic downturn of 2007 particularly looks […] The post Increased regulation affecting access to finance for UK home buyers appeared first on PropertyWire . Continue reading →

Posted on November 22, 2016 by tsiadmin | Posted in ads, advice, affordability, age, applications, approval, ASA, barrier, borrowers, borrowing, Brexit, Brokers, build, Build To Rent, building, buy, Buy to Let, Buyers, buying, capital, change, changes, commercial, Commercial Property, Company News, consumer, data, Demand, Deposit, Deposits, Design, Dubai, economic, estate, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, global, Global News, government, growth, home, home owners, homeowners, homes, Housing, Hunters, impact, Income, Index, interest, interest only, invest, Investment, investments, investors, Ireland, land, Landlords, Leeds Building Society, Legal, lender, lenders, Lending, Loans, Location, market, Middle East, mortgage, mortgages, move, moving, new, News, office, ONS, Outlook, owners, ownership, policies, policy, price, prices, prime, products, professionals, Property, property industry, property market, property prices, Property Sales, purchase, qualifications, rates, regulation, rent, rental, rental growth, research, Residential, review, revolution, rules, sales, search, sentiment, Shows, smart, Stamp Duty, standard, Supply, survey, tax, Taylor Scott International, trackers, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value, Yields | Tagged , , , , , , , , , , | Comments Off on Increased regulation affecting access to finance for UK home buyers