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Analysis suggests ban on lettings fees will not have major finance impact for landlords

Private sector landlords in the UK are not facing large extra costs due to the new ban on letting agent fees with the financial impact amounting to around £25 a month on average, according to new research. If letting agents pass on the cost to landlords it will amount to a loss of just 0.14% […] The post Analysis suggests ban on lettings fees will not have major finance impact for landlords appeared first on PropertyWire . Continue reading →

Posted on November 24, 2016 by tsiadmin | Posted in ads, advice, age, agent, agents, analysis, ASA, autumn statement, average, ban, broadband, build, building, buy, Buy to Let, Buyers, buying, chancellor, change, commercial, Commercial Property, Company News, cost, costs, data, decisions, Demand, Deposit, divide, estate, Europe, existing, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, funding, home, Housing, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, letting, Letting Agents, Lettings, lettings agent, lettings agents, lettings market, Location, London, market, mortgage, mortgages, move, moving, new, new home, News, ONS, Planning, policy, pressure, price, products, Property, property industry, protection, purchase, qualifications, quality, reform, rent, rent rises, rental, renting, rents, research, Residential, rnets, Scotland, search, sell, Sellers, Stamp Duty, standard, survey, tax, Taylor Scott International, tenancy, Tenants, Transactions, TSI, U, Uk, US, USE, value, young people | Tagged , , , , , , , , , , , | Comments Off on Analysis suggests ban on lettings fees will not have major finance impact for landlords

UK property industry disappointed over lack of stamp duty reform

There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, activity, ads, advice, affordable, age, agent, agents, analysis, ASA, autumn statement, barrier, Brexit, broadband, build, Builders, building, burden, buy, Buy to Let, Buyers, buying, Central London, chancellor, change, changes, Cities, commercial, Commercial Property, Company News, cost, costs, data, decisions, Development, Downsize, economic, economy, estate, estate agent, Europe, existing, expensive, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, funding, government, home, home owners, home ownership, homes, house builders, Housing, housing ladder, housing market, Hunters, impact, Index, interest, international, invest, Investment, investments, investors, Isa, land, Landlords, Leeds Building Society, Legal, letting, Location, London, Manchester, market, markets, money, mortgage, mortgage payments, mortgages, move, moving, national, new, new home, New Homes, News, North America, office, ONS, owners, ownership, Paris, payments, Planning, policy, price, prices, prime, prime central London, Prime Property, products, Property, property industry, property market, Property Sales, Property Tax, purchase, qualifications, quality, rates, referendum, reform, regulation, rent, rental, Rental Prices, rental sector, renting, rents, research, Residential, retirement, sales, search, sell, Sellers, sellin, selling, sentiment, Stamp Duty, standard, surcharge, survey, tax, Taylor Scott International, Tenants, Transactions, TSI, U, Uk, UK home, uncertainty, US, USE, value, villages | Tagged , , , , , , , , , , , | Comments Off on UK property industry disappointed over lack of stamp duty reform

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 →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, ads, advice, affordability, affordable, age, agent, agents, analysis, ASA, autumn statement, average, bank, Brexit, broadband, build, building, business, businesses, buy, Buy to Let, Buyers, buying, challenge, chancellor, change, changes, Chartered Surveyors, commercial, Commercial Property, Company News, consultation, cost, costs, coup, data, decisions, Design, England, estate, Europe, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, fund, funding, government, home, house prices, Housing, housing ladder, housing market, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, letting, Letting Agents, Lettings, lettings agent, Location, London, market, marketing, money, mortgage, mortgages, move, moving, national, new, new home, News, North America, office, ONS, Outlook, Planning, policy, policy change, premium, pressure, price, priced, prices, private rented sector, products, Property, property industry, property market, Property Sales, purchase, qualifications, quality, regulation, rent, rent rises, rental, Rental Market, renters, renting, rents, research, Residential, review, sales, saving, Scotland, search, sell, Sellers, sentiment, Stamp Duty, standard, surcharge, survey, Surveyors, tax, Taylor Scott International, tenancies, tenancy, Tenants, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value, Wales, young people | Tagged , , , , , , , , , , , | Comments Off on Letting agent fee ban will lead to higher rents, industry warns