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Brexit not having an impact on UK rents, latest buy to let index shows
The UK’s decision to leave the European Union has had a minimal impact on rents with values up across England and Wales apart from two regions, the latest index shows. Indeed rents in August reach an all-time high of £1,391 in London while rents in the South East continue to rise at a faster pace […] The post Brexit not having an impact on UK rents, latest buy to let index shows appeared first on PropertyWire . Continue reading →
Over half of UK landlords set to raise rents due to tax changes
Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes 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 →