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Letting agent fee ban will lead to higher rents, industry warns

The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, ads, advice, affordability, affordable, age, agent, agents, analysis, ASA, autumn statement, average, bank, Brexit, broadband, build, building, business, businesses, buy, Buy to Let, Buyers, buying, challenge, chancellor, change, changes, Chartered Surveyors, commercial, Commercial Property, Company News, consultation, cost, costs, coup, data, decisions, Design, England, estate, Europe, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, fund, funding, government, home, house prices, Housing, housing ladder, housing market, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, letting, Letting Agents, Lettings, lettings agent, Location, London, market, marketing, money, mortgage, mortgages, move, moving, national, new, new home, News, North America, office, ONS, Outlook, Planning, policy, policy change, premium, pressure, price, priced, prices, private rented sector, products, Property, property industry, property market, Property Sales, purchase, qualifications, quality, regulation, rent, rent rises, rental, Rental Market, renters, renting, rents, research, Residential, review, sales, saving, Scotland, search, sell, Sellers, sentiment, Stamp Duty, standard, surcharge, survey, Surveyors, tax, Taylor Scott International, tenancies, tenancy, Tenants, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value, Wales, young people | Tagged , , , , , , , , , , , | Comments Off on Letting agent fee ban will lead to higher rents, industry warns

Remortgages drive growth in UK home lending market

Gross mortgage lending in the UK held steady in October but is being driven more by remortgages than new buyers due to a lack of supply in the current housing market. It reached an estimated £20.6 billion, according to the latest figures from the Council of Mortgage Lenders and closely matches September’s gross lending total […] The post Remortgages drive growth in UK home lending market appeared first on PropertyWire . Continue reading →

Posted on November 17, 2016 by tsiadmin | Posted in 2017, activity, ads, advice, age, approval, approvals, ASA, Asia, Asking Prices, Australasia, Australia, bank, borrowers, borrowing, Brexit, build, building, buy, Buy to Let, Buyers, buying, Canada, challenge, chancellor, change, changes, commercial, Commercial Property, Company News, confidence, consumer, data, Demand, demolish, Deposit, developer, Developers, England, estate, Europe, existing, figures, finance, Finance Update, first time buyer, first time buyers, fixed rate, for sale, fund, funds, government, growth, home, home owners, homeowners, homes, house building, house prices, Housing, housing market, Hunters, impact, Index, interest, interest rate, interest rates, invest, Investment, investments, land, Landlords, Leeds Building Society, Legal, lender, lenders, Lending, Loans, Location, market, marketing, markets, monthly, mortgage, mortgages, move, moving, new, new home, New Homes, News, North America, office, ONS, owners, ownership, policy, Portugal, price, priced, prices, products, Property, property prices, purchase, qualifications, rail, rates, record, referendum, Remortgage, remortgages, rent, rental, research, Residential, review, sales, saving, Scotland, search, sell, Sellers, sentiment, Shows, Stamp Duty, standard, Supply, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, value, Wales | Tagged , , , , , , , , | Comments Off on Remortgages drive growth in UK home lending market

Review of home ownership in UK shows severe decline in young buyers

The first major review into home ownership in the UK in over a decade reveals that the financial squeeze on young people is at the heart of the decline in the number of home owners and calls for a long term approach to housing issues. The independent Redfern Review reveals that home ownership is the […] The post Review of home ownership in UK shows severe decline in young buyers appeared first on PropertyWire . Continue reading →

Posted on November 16, 2016 by tsiadmin | Posted in ads, advice, affordability, affordable, age, analysis, ASA, Asia, Asking Prices, aspiring, Australasia, average, bank, build, building, buy, Buy to Let, Buyers, buying, challenge, change, changes, commercial, Commercial Property, Company News, Conveyancing, cost, costs, data, demolish, Deposit, Deposits, England, estate, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, future, government, Help to Buy, home, home owners, homeowners, homes, house prices, Housing, housing ladder, housing market, housing minister, Hunters, impact, Income, Index, interest rate, interest rates, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, lender, lenders, Lending, loan to value, Location, London, market, marketing, millions, mortgage, mortgages, move, moving, new, new home, New Homes, New Zealand, News, office, ONS, Outlook, owners, ownership, Planning, policy, price, prices, private rented sector, products, Property, property market, property prices, Property Sales, purchase, qualifications, rail, regional, rent, rental, Rental Market, renters, renting, rents, research, Residential, review, river, sales, saving, search, Shows, standard, Supply, survey, tax, Taylor Scott International, Tenants, Transactions, TSI, U, Uk, UK home, UK< property market, US, USE, value, Wales, young people | Tagged , , , , , , , , , , , | Comments Off on Review of home ownership in UK shows severe decline in young buyers