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New research records large drop in new rental properties in UK towns and cities
Some 40% of key towns and cities across the UK experienced falls in new rental properties being listed in September compared to the previous month, new research shows. There are signs that it is due to landlords being affected by changes in the buy to let sector as eight out of 10 locations which saw […] The post New research records large drop in new rental properties in UK towns and cities appeared first on PropertyWire . Continue reading →
Buy to let mortgage applications via UK limited companies rise steeply
More than half of applications from UK landlords purchasing buy to let properties were through a limited company in the third quarter of 2016, the latest index shows. Some 63% of applications were from limited companies, a considerable rise from just 21% before the changes to tax relief on mortgage interest were announced in July […] The post Buy to let mortgage applications via UK limited companies rise steeply appeared first on PropertyWire . Continue reading →
UK sees first time buyer mortgages rise as buy to let slows
Home owners in the UK borrowed £12.2 billion for house purchases in August, up 14% month on month and 11% year on year, according to the latest data. They took out 66,000 loans, up 13% on July and 9% on August 2015, the figures from the Council of Mortgage Lenders (CML) show as house purchase […] The post UK sees first time buyer mortgages rise as buy to let slows appeared first on PropertyWire . Continue reading →