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Buy to let landlords affected by lending and tax changes, research suggests

New research suggests that tougher lending criteria and rising house prices are having an impact on buy to let borrowing in the UK, but not all investors are put off by the changes. Average buy to let loans and deposits increased in 2016 as a result of rising property prices and the tougher stance by […] The post Buy to let landlords affected by lending and tax changes, research suggests appeared first on PropertyWire . Continue reading

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Housing stock value in UK passes £5 trillion for the first time

The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading

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Conveyancing industry calls for residential leasehold change

he conveyancing industry is calling for the residential leasehold process in the UK to be changed in 2017 to end unacceptable delays, extortionate ground rents and high fees. The Conveyancing Association says that there is also a lack of knowledge among buyers about leaseholds with recent research showing that 57% of those buying a leasehold […] The post Conveyancing industry calls for residential leasehold change appeared first on PropertyWire . Continue reading

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