Loans
Tax office figures show substantial falls in UK property sales
Sales of property in the UK have fallen considerably year on year, down 11.3% in September, and fell by 4.3% month on month, official data shows. The data from HMRC, the tax office, shows that there were 93,130 residential property transactions during the month of September and separate figures from HMRC show the amount of […] The post Tax office figures show substantial falls in UK property sales appeared first on PropertyWire . Continue reading →
Landbay launches new range of lending products for professional landlords
Peer to pear lending platform Landbay which specialises in buy to let mortgages has launched a new range of limited edition lending products aimed primarily at professional landlords. The new tracker products have a competitive rate, no Early Redemption Charges (ERCs) and will be available exclusively via Landbay’s approved broker partners, in addition to the […] The post Landbay launches new range of lending products for professional landlords appeared first on PropertyWire . Continue reading →
Hundreds of thousands of landlords will face steep rise in tax from next year
More than 400,000 landlords in the UK who currently pay the basic rate of tax will find themselves forced into a higher tax bracket from April 2017, research has found. According to a survey for the National Association of Landlords (NLA) while some 22% of the estimated two million landlords in the private rented sector […] The post Hundreds of thousands of landlords will face steep rise in tax from next year appeared first on PropertyWire . Continue reading →