buy to let market
UK rents grew by slowest annual rate since 2013 in February
Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading →
Buy to let sector disappointed by UK Chancellor’s failure to address their concerns
There was disappointment for buy to let landlords in the UK when Chancellor Philip Hammond did nothing for the lettings sector when delivering his Spring Budget. It had been hoped that he might re-visit the extra 3% in stamp duty imposed by his predecessor last year on additional homes and that he might also reconsider […] The post Buy to let sector disappointed by UK Chancellor’s failure to address their concerns appeared first on PropertyWire . Continue reading →
More lettings stock, Brexit and stamp duty have had an impact on London rental market
An increase in residential lettings stock in London due to Brexit and stamp duty is having a downward pressure on rents, according to the latest analysis report. A return to rental growth, last seen in March 2016, is unlikely as tenants have adjusted to the current lower levels and more choice means they can afford […] The post More lettings stock, Brexit and stamp duty have had an impact on London rental market appeared first on PropertyWire . Continue reading →