budget
Call for MOT system for rented homes in UK
New minimum standards should be introduced for the private rented sector in the UK and landlords should receive tax incentives for signing up to accreditation schemes, it is suggested. More needs to be done to improve the quality of private homes across the board, including a new set of minimum standards for landlords which cover […] The post Call for MOT system for rented homes in UK appeared first on PropertyWire . Continue reading →
Tax change could result in UK landlords putting up rents by 20% to 30%
Tenants in the UK private rented sector face potential rent increases of up to 30% as a result of tax changes, it is claimed in a new analysis report. Tax changes, including the 3% extra stamp duty on additional properties, that have affected landlords are having a negative effect on the supply of rental properties […] The post Tax change could result in UK landlords putting up rents by 20% to 30% appeared first on PropertyWire . Continue reading →
This year set to see little growth in home lending in UK, says CML
Last year could have been a potentially destabilising year of regulatory and political change for the UK mortgage market but it was resilient and adaptable and looking ahead challenges will continue in 2017. Indeed, the Council of Mortgage Lenders (CML) does not expect much growth in 2017 even although home owner house purchase lending increased […] The post This year set to see little growth in home lending in UK, says CML appeared first on PropertyWire . Continue reading →