legislation
UK property industry disappointed that letting agents not included in money directive
The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading →
Demand in private rented sector in UK is for longer tenancies
People in the UK want longer tenancies, new research has found, and it seem that landlords also want to be able to provide more stable, longer lets. One new piece of research show that four in 10 tenants expect to rent a property for up to 10 years while the Residential Landlords Association (RLA) believes […] The post Demand in private rented sector in UK is for longer tenancies appeared first on PropertyWire . Continue reading →
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 →