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Over half of UK landlords set to raise rents due to tax changes
Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading →
UK Government to push ahead with more new home building on brown belt land
The UK Government is to provide more for new home building with developments being fast tracked on brown belt land such as abandoned shopping centres, derelict rail stations and run down town centres. Communities Secretary Sajid Javid announced details of a £5 billion fund to help build more than 250,000 homes with £2 billion going […] The post UK Government to push ahead with more new home building on brown belt land appeared first on PropertyWire . Continue reading →
Stress tests for UK buy to let mortgages set for start of 2017
Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading →
