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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 →
Most landlords in UK understand regulatory and tax changes
Two thirds of buy to let landlords in the UK understand that their ability to offset mortgage interest payments against tax is being scaled back by the government, new research has found. Almost one in five plan to raise rents to alleviate the effects and one in 10 say they are planning to exit the […] The post Most landlords in UK understand regulatory and tax changes appeared first on PropertyWire . Continue reading →
First time buyers better off than renters for eighth year, latest review shows
First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading →