Landlords
Rate of residential rental growth halves in Great Britain in 2016
Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading →
Fraud investigators in UK issuing warning over empty property crime
Home owners in the UK are being warned that there are groups of criminals actively targeting empty properties which they use to apply for a mortgage or loan. The scams are not new and the reason for the current spate is unclear but the National Fraud Intelligence Bureau’s Proactive Intelligence Team has issued a warning. […] The post Fraud investigators in UK issuing warning over empty property crime appeared first on PropertyWire . Continue reading →
New buy to let lending bounced back in fourth quarter of 2016
Following a shift to more remortgaging in the buy to let lending market, more landlords moved to purchase properties in the final quarter of 2016, the latest data shows. After the Brexit vote in the summer and concerns about changes to stamp duty for additional homes the number of mortgages for new purchase fell in […] The post New buy to let lending bounced back in fourth quarter of 2016 appeared first on PropertyWire . Continue reading →