Deposits

New home lending falls in Australia as stamp duty costs rise

The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading

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Landlords adapting to change in UK but rents will rise as a result

Private rented sector landlords in the UK are adapting to changes brought on by the Government but rents are set to rise as a result, a new analysis report suggests. Buy to let landlords have seen changes to stamp duty which means now paying an extra 3%, have to carry out immigration checks on new […] The post Landlords adapting to change in UK but rents will rise as a result appeared first on PropertyWire . Continue reading

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Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading

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