economy
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 →
Residential property sales up 1% in October, but still down year on year
The number of residential property sales in the UK increased by 1% between September and October compared to a 4.3% drop the previous month, the latest official data shows. However, the figures from HMRC also show that the latest seasonally adjusted figure is 8% lower compared with the same month last year. Overall for October […] The post Residential property sales up 1% in October, but still down year on year appeared first on PropertyWire . Continue reading →
Ireland has best buy to let rental yields in Europe, new research shows
Ireland has the highest rental yield for buy to let property in Europe at 6.54%, moving from tenth place to top of the sector league table. In second place is the Netherlands at 6.35% then Portugal at 6.33% then Belgium at 6.32% and Hungary and Turkey both at 6.32%, according to the index from international […] The post Ireland has best buy to let rental yields in Europe, new research shows appeared first on PropertyWire . Continue reading →