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Survey suggests tenants in UK cannot afford further rent rises
Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading →
House approvals in Australia slowing considerably in some locations
New home approvals in Australia remain at historically high levels but the latest data suggests they are slowing down, especially for houses. The figures from the Australian Bureau of Statistics shows that approvals to build fell by 1.8% month on month in August but are still 10.1% higher than August 2015. But more apartments are […] The post House approvals in Australia slowing considerably in some locations 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 →