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Property prices in Scotland rising steadily, latest index shows

The average price of property in Scotland increased by 4.3% year on year in August and by 1.3% month on month, the latest index data shows. This takes the average price of a home to £144,561, according to the data from the Registers of Scotland. This compares to a UK average of £218,964, which was […] The post Property prices in Scotland rising steadily, latest index shows appeared first on PropertyWire . Continue reading

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UK rental homes reach highest supply level for 18 months

The residential lettings sector in the UK has seen the supply of homes to rent increase to an 18 month high with demand also increasing. The latest monthly report from the Association of Residential Letting Agents (ARLA) shows that the number of rental properties managed per letting agent branch reached 193 in September, up from […] The post UK rental homes reach highest supply level for 18 months appeared first on PropertyWire . Continue reading

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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

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