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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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UK Government backs help for leasehold property owners

The UK Government has committed substantial investment to ensure a greater transparency in residential property leasehold tenure and make it less biased and onerous. It is offering funding to LEASE, a service that provides free support and advice to leaseholders and industry professionals at a time when leasehold tenures are set to become more common. […] The post UK Government backs help for leasehold property owners appeared first on PropertyWire . Continue reading

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Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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