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New rents fall 0.8% across the UK with latest index revealing slowdown trend
New rents across the UK fell by 0.8% in September and at an average of £910 per month are now just 3% above a year ago, according to the latest index. It is the slowest annual growth rate recorded this year by the HomeLet Rental Index and means that rental price inflation has fallen in […] The post New rents fall 0.8% across the UK with latest index revealing slowdown trend appeared first on PropertyWire . Continue reading →
Survey suggests tenants in UK cannot afford further rent rises
Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading →
House approvals in Australia slowing considerably in some locations
New home approvals in Australia remain at historically high levels but the latest data suggests they are slowing down, especially for houses. The figures from the Australian Bureau of Statistics shows that approvals to build fell by 1.8% month on month in August but are still 10.1% higher than August 2015. But more apartments are […] The post House approvals in Australia slowing considerably in some locations appeared first on PropertyWire . Continue reading →