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Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Property professionals in UK not ready for smart building revolution
The UK is a decade away from a smart building revolution that will generate new revenue streams for business with three in four property professionals expecting to gain from it, according to new research. However, less than a quarter have taken action to become involved and major mean progress will falter unless the property sector […] The post Property professionals in UK not ready for smart building revolution appeared first on PropertyWire . Continue reading →
Average property prices in Scotland rise post Brexit
Property prices in Scotland increased by 0.6% month on month in September, taking the average price above £170,000 for the first time since the vote to leave the European Union. It means the average property price increased by more than £1,000 compared to August to £170,762 and on an annual basis prices are up 2.5% […] The post Average property prices in Scotland rise post Brexit appeared first on PropertyWire . Continue reading →