housing market

Mayor of London urges short term letting agents to enforce 90 day limit

Short term letting agents in London are being urged by the city’s Mayor to follow Airbnb’s lead by blocking hosts from renting out homes in the capital for more than 90 days. Airbnb, which has about 50,000 listings in London, announced in December last year that it would place a block on its website so […] The post Mayor of London urges short term letting agents to enforce 90 day limit appeared first on PropertyWire . Continue reading

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Rising interest rates could have a significant effect on US property market

Over half of people considering buying a home in the United States consider rising interest rates to be among the top factors affecting their ability to do so, new research has found. Some 53% are worried about the fact that mortgage rates have increased since the Presidential election and believe that there will be more […] The post Rising interest rates could have a significant effect on US property market appeared first on PropertyWire . Continue reading

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Rental price growth slows in most of UK with landlords reluctant to push them up

Rents in the UK are not surging ahead as some had predicted with the latest lettings index showing that they rose by an average of just 0.8% in February compared to the same month in 2016. This marks a considerable decline in the pace of rental appreciation which was 4.7% in June last year and […] The post Rental price growth slows in most of UK with landlords reluctant to push them up appeared first on PropertyWire . Continue reading

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