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Tax change could result in UK landlords putting up rents by 20% to 30%

Tenants in the UK private rented sector face potential rent increases of up to 30% as a result of tax changes, it is claimed in a new analysis report. Tax changes, including the 3% extra stamp duty on additional properties, that have affected landlords are having a negative effect on the supply of rental properties […] The post Tax change could result in UK landlords putting up rents by 20% to 30% appeared first on PropertyWire . Continue reading

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Electronic mortgages likely to be introduced in England and Wales

The Land Registry in England and Wales has launched a consultation on proposals to allow it to introduce new digital conveyancing and registration including e-mortgages. It is seeking responses from the property industry and individuals to changes that will allow it to change the rules so it can move forward with fully digital conveyancing documents […] The post Electronic mortgages likely to be introduced in England and Wales appeared first on PropertyWire . Continue reading

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National home prices in Canada unchanged in January as sales fell

Home sales in Canada fell month on month at the beginning of 2017 while prices were almost unchanged in January compared to a year ago, the latest index data shows. Sales fell nationally by 1.3% compared to December 2016 but actual, not seasonally adjusted, activity was up 1.9% year on year, according to the figures […] The post National home prices in Canada unchanged in January as sales fell appeared first on PropertyWire . Continue reading

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