England
One in four sales in UK was a buy to let or second home in third quarter of 2016
One in four properties bought in the UK in the third quarter of 2016 was a buy to let or a second home, new figures from the tax department show. The introduction of an extra 3% stamp duty charge on additional home in April of this year has enabled figures to be published for the […] The post One in four sales in UK was a buy to let or second home in third quarter of 2016 appeared first on PropertyWire . Continue reading →
Residential rents up 2.3% year on year in UK
Private rental sector prices paid by tenants in Britain increased by 2.3% in the 12 months to September 2016, unchanged compared with the year to August 2016, the latest official data shows. There is some regional variation with the data from the Office of National Statistics (ONS) showing rents up by 2.5% in England and […] The post Residential rents up 2.3% year on year in UK appeared first on PropertyWire . Continue reading →
New mortgages in UK increased month on month but still below a year ago
The number of new mortgages approved by British banks rose last month from a 19 month low in August but lending is still down 15% year on year, the latest data shows. The figures from the British Bankers’ Association (BBA) indicate that members approved 38,252 mortgages for house purchase in September, up from 37,241 in […] The post New mortgages in UK increased month on month but still below a year ago appeared first on PropertyWire . Continue reading →