costs

Incentives to be offered to older home owners in UK to downsize

Older home owners in the UK living in large family homes whose adult children no longer live with them are set to get incentives to downsize. In a bid to increase the supply of housing for first time buyers and families, the Government is set to announce in its long awaited Housing White Paper that […] The post Incentives to be offered to older home owners in UK to downsize appeared first on PropertyWire . Continue reading

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Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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Rents start falling in the UK, latest national index shows

The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading

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