Australasia
Brexit uncertainty has affected UK home sales, research suggests
Around a third of home sales in the UK fell through before completion in the third quarter of 2016 and this may be due to Brexit uncertainty, new research suggests. Some 31% of sales did not complete in the quarter and the six month average figures show that 29.7%% fell through, a rise of 4.57% […] The post Brexit uncertainty has affected UK home sales, research suggests appeared first on PropertyWire . Continue reading →
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 →