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CML publishes more pessimistic outlook for home lending in UK in 2017

The Council of Mortgage Lenders, which represents the vast majority of home lenders in the UK, has revised its forecast for 2017 downwards from previous expectations of a year ago. It say that the change reflects economic uncertainties as well as new tax burdens and regulatory changes in the housing and mortgage markets but it […] The post CML publishes more pessimistic outlook for home lending in UK in 2017 appeared first on PropertyWire . Continue reading

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Is the Lettings fee ban an opportunity for tech companies?

Last week the government announced that it will be coming in line with Scotland, and will be making the charging of any fees to tenants illegal. There has always been controversy around the charging of fees to tenants, for what can be seen as simple admin tasks. These costs on average come in between £202-337 […] The post Is the Lettings fee ban an opportunity for tech companies? appeared first on PropertyWire . Continue reading

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Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year

Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading

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