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Lettings agent warns stability in UK rental market will be hit by landlord tax change

The private rental market in the UK is thriving but could be changed if the Government goes ahead with changes to mortgage tax relief for landlords and fails to help increase supply, it is claimed. According to the latest rental index from Belvoir lettings rents increased slightly in the third quarter of 2016 but did […] The post Lettings agent warns stability in UK rental market will be hit by landlord tax change appeared first on PropertyWire . Continue reading

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New industry recognised estate agency qualifications launched by Hunters

British property firm Hunters has developed a formally recognised estate agency qualification for its own network of branches in what is believed to be the first of its kind within the industry. The qualification combines all elements of estate agency and uniquely also includes how the training is applied. The firm says that this means […] The post New industry recognised estate agency qualifications launched by Hunters appeared first on PropertyWire . Continue reading

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Higher stamp duty behind sharp decline in prime property sales in central London

The prime central London residential property market has experienced a sharp decline in sales volumes since the middle of 2014 mainly due to higher stamp duty rates, a new report confirms. However, while sales have been weaker, a combination of lower asking prices and a weaker pound has begun to push demand indicators higher in […] The post Higher stamp duty behind sharp decline in prime property sales in central London appeared first on PropertyWire . Continue reading

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