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Most landlords in UK understand regulatory and tax changes
Two thirds of buy to let landlords in the UK understand that their ability to offset mortgage interest payments against tax is being scaled back by the government, new research has found. Almost one in five plan to raise rents to alleviate the effects and one in 10 say they are planning to exit the […] The post Most landlords in UK understand regulatory and tax changes appeared first on PropertyWire . Continue reading →
Remortgages increased share of home lending market in UK last year
There was a definite shift in borrowing type in the UK housing market last year with remortgage business increasing in each quarter, new data shows. There was a 7% rise in remortgage borrowing with this sector accounting for 39% of all mortgages handled, according to the latest financial advisors confidence tracking index report from Paragon […] The post Remortgages increased share of home lending market in UK last year appeared first on PropertyWire . Continue reading →
Promising outlook for sales and lettings in prime central London market
The outlook is more promising for sales and lettings in the prime central London property markets with stamp duty impact now largely absorbed, according to the latest analysis. Both markets saw declines in 2016 but with price adjustments from stamp duty changes now largely taken up, prices are expected to remain steady while activity increases […] The post Promising outlook for sales and lettings in prime central London market appeared first on PropertyWire . Continue reading →