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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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Over a Million of Britain’s Wealthiest Refused Credit Since 2011

More than a million of Britain’s wealthiest individuals have been turned down for credit over the past five years, new research by London-based bridging lender Market Financial Solutions (MFS) has revealed. According to MFS, 17% of high-net-worth individuals (HNWIs) have been refused credit since 2011, equating to 1.3 million people across the nation. Furthermore, the […] The post Over a Million of Britain’s Wealthiest Refused Credit Since 2011 appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in 2017, ads, advice, affordable, age, ASA, ban, bank, borrowers, Brexit, build, building, business, buy, Buy to Let, buying, Canada, capital, change, changes, Cities, city, commercial, Commercial Property, Company News, consumer, consumers, data, developer, Developers, economy, Education, Equity, Equity Release, Europe, family, finance, Finance Update, fines, for sale, growth, help, home, home owners, homes, Housing, housing market, Index, India, interest, invest, Investment, investments, investors, Ireland, land, landlord, Landlords, Leeds Building Society, Legal, lender, lenders, Lending, letting, loan, Location, London, market, mortgage, mortgages, move, moving, national, new, News, North America, ONS, Outlook, owner, owners, pending, policy, price, priced, prices, products, projects, propert, Property, property market, property prices, purchase, rent, rental, rental growth, research, Residential, sales, search, Shows, slowing, Sponsored, standard, start, study, survey, tax, Taylor Scott International, Transactions, trillion, TSI, U, Uk, UK< housing, uncertainty, US, USE, value, Values | Tagged , , , , , , , | Comments Off on Over a Million of Britain’s Wealthiest Refused Credit Since 2011

Top end lettings market in England’s Home Counties picking up

The top end of the lettings market in the key Home Counties area in England is picking up thanks to tax changes and greater flexibility from landlords, according to new research. Both supply and demand have risen as higher purchase costs at the top end of the sales market has made buyers increasingly price sensitive, […] The post Top end lettings market in England’s Home Counties picking up appeared first on PropertyWire . Continue reading

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