approvals
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 →
Stress tests for UK buy to let mortgages set for start of 2017
Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading →