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Policy changes welcomed by UK lettings industry but landlords still feel battered

New housing policies affecting the private rented sector in the UK have been widely welcomed regarding longer tenancies and clamping down on rogue landlords. But landlords and the industry are warning that they still face tough challenges ahead relating to tax and letting fees and rents could rise at a time when the new Housing […] The post Policy changes welcomed by UK lettings industry but landlords still feel battered appeared first on PropertyWire . Continue reading

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Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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Basement extensions becoming more popular in the UK

The extent of the trend for home owners in the UK to build basement extensions is revealed by new research which shows planning applications for this kind of work has increased by 9% in the last two years. But in London they are even more fashionable with a rise of 11% in applications to local […] The post Basement extensions becoming more popular in the UK appeared first on PropertyWire . Continue reading

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