economy

UK home owners believe renovation and decoration puts up price of their home

The vast majority of home owners in the UK think their house value has increased since they bought it by an average of £33,125, new research has found. Overall some 91% believe the price of their home has gone up and the research found that they think that renovations and decoration has led to an […] The post UK home owners believe renovation and decoration puts up price of their home appeared first on PropertyWire . Continue reading

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Outlook for residential property in key Asian cities more subdued for 2017

Many residential property markets in Asia have seen a year of strong increases but prospects for 2017 look more subdued, according to a new report. Potential risk for Asian property markets include rising interest rates in the United States and the strength of the US dollar. There is also the threat of US trade tariffs, […] The post Outlook for residential property in key Asian cities more subdued for 2017 appeared first on PropertyWire . Continue reading

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Tax change could result in UK landlords putting up rents by 20% to 30%

Tenants in the UK private rented sector face potential rent increases of up to 30% as a result of tax changes, it is claimed in a new analysis report. Tax changes, including the 3% extra stamp duty on additional properties, that have affected landlords are having a negative effect on the supply of rental properties […] The post Tax change could result in UK landlords putting up rents by 20% to 30% appeared first on PropertyWire . Continue reading

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