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Lenders’ organisation in UK wants stamp duty reformed in 2017
Looking ahead to 2017 the Council of Mortgage Lenders believes that stamp duty needs to be reformed as it is one of the biggest barriers to home ownership. The CML, which represents over 90% of home lenders in the UK, says that the property tax paid by buyers, which rises with the price, is preventing […] The post Lenders’ organisation in UK wants stamp duty reformed in 2017 appeared first on PropertyWire . Continue reading →
Caribbean property market starting to recover as sales pick up post global downturn
The real estate market in the Caribbean was affected by the global economic crisis of 2008 and is slowly recovering with the main locations for overseas buyers set for a more positive 2017. Some challenges remain in the residential property market, most notably an oversupply in some areas and uncertainty over how Donald Trump’s presidency […] The post Caribbean property market starting to recover as sales pick up post global downturn appeared first on PropertyWire . Continue reading →
Property market demand set to fall in UK in 2017 and prices rise by up to 4%
Demand for home in the UK is set to fall in 2017 but an ongoing shortage of supply will mean prices continue to rise, according to new research. With not enough new homes being built and historic low interest rates the supply and demand gap will go on although slower economic growth and affordability constraints […] The post Property market demand set to fall in UK in 2017 and prices rise by up to 4% appeared first on PropertyWire . Continue reading →