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Landlord association calls for agent fees to continue but spread out across tenancy

An association representing lettings agents across the UK is calling for agent letting fees to be spread across the first six months of a tenancy rather than being banned completely. The Association of Residential Letting Agents (ARLA) believes that the proposed ban in letting fees in England and Wales, they are already banned in Scotland, […] The post Landlord association calls for agent fees to continue but spread out across tenancy appeared first on PropertyWire . Continue reading

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Manchester, Edinburgh and Birmingham set to be property hot spots of 2017

Property price growth is likely to be subdued in London with bigger regional cities in the UK expected to outperform the capital city, according to a new analysis report. Overall residential price growth of 0.5% is forecast for the UK, rising to 1% in London but the prime property market in the capital is set […] The post Manchester, Edinburgh and Birmingham set to be property hot spots of 2017 appeared first on PropertyWire . Continue reading

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Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise

Gross mortgage lending in the UK reached £20.4 billion in December, down 4% from the previous month but 4% higher year on year, the latest figures show. It brings the estimated total for the year to £246 billion, a 12% increase on 2015’s £220 billion and the highest annual gross lending figure since 2008, according […] The post Mortgage market in UK could be subdued in 2017 with Brexit and potential rate rise appeared first on PropertyWire . Continue reading

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