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Brexit uncertainty has affected UK home sales, research suggests
Around a third of home sales in the UK fell through before completion in the third quarter of 2016 and this may be due to Brexit uncertainty, new research suggests. Some 31% of sales did not complete in the quarter and the six month average figures show that 29.7%% fell through, a rise of 4.57% […] The post Brexit uncertainty has affected UK home sales, research suggests appeared first on PropertyWire . Continue reading →
Buy to let mortgage applications via UK limited companies rise steeply
More than half of applications from UK landlords purchasing buy to let properties were through a limited company in the third quarter of 2016, the latest index shows. Some 63% of applications were from limited companies, a considerable rise from just 21% before the changes to tax relief on mortgage interest were announced in July […] The post Buy to let mortgage applications via UK limited companies rise steeply appeared first on PropertyWire . Continue reading →
Brexit not having an impact on UK rents, latest buy to let index shows
The UK’s decision to leave the European Union has had a minimal impact on rents with values up across England and Wales apart from two regions, the latest index shows. Indeed rents in August reach an all-time high of £1,391 in London while rents in the South East continue to rise at a faster pace […] The post Brexit not having an impact on UK rents, latest buy to let index shows appeared first on PropertyWire . Continue reading →