changes

UK property industry disappointed that letting agents not included in money directive

The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading

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Wealthier property buyers looking east in London

There is a polarisation in the London residential property market with a new analysis suggesting growth is rising in the east of the city while central hotspots have cooled. Parts of central London have seen prices and sales falling while boroughs such as Havering and Barking and Dagenham are attracting more buyers, according to the […] The post Wealthier property buyers looking east in London appeared first on PropertyWire . Continue reading

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Total mortgage lending in UK still affected by weakness in buy to let

Gross mortgage lending in the UK reached £18.2 billion in February, down 8% on January’s lending total of £19.8 billion but not far from the £18.1 billion lent in February last year. The figures from the latest market report from the Council of Mortgage Lenders, which represents the vast majority of home lenders in the […] The post Total mortgage lending in UK still affected by weakness in buy to let appeared first on PropertyWire . Continue reading

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