chancellor
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 →
More funding for superfast broadband in UK good for home sellers
The UK is to spend millions of pounds extending the country’s fast fibre optic broadband network which could be a boost to people trying to sell their home. Chancellor Philip Hammond announced the new £1 bilionfunding in his autumn statement and said that it will be rolled out to at least two million homes and […] The post More funding for superfast broadband in UK good for home sellers appeared first on PropertyWire . Continue reading →
Property industry in UK wants tax boost for Build to Rent sector
The British property industry is hoping that Chancellor Philip Hammond will announce tax measures in his autumn statement that will boost the fledgling build to rent sector as a time when more homes are needed in the rented sector. Figures from the British Property Federation show that in the past year the number of Build […] The post Property industry in UK wants tax boost for Build to Rent sector appeared first on PropertyWire . Continue reading →