private rented sector
Mortgage borrowing fell in UK in October with buy to let sector still weak
Home owners in the UK borrowed £10.5 billion to buy a house in October, down 8% month on month and 11% year on year, according to the latest figures from the Council of Mortgage Lenders. Overall they took out 57,800 loans, down 8% on September and 13% on October 2015, but it is the first […] The post Mortgage borrowing fell in UK in October with buy to let sector still weak appeared first on PropertyWire . Continue reading →
Rents in UK set to rise by 15% over next three years, agents suggest
Rents in England are set to rise by 15% over the next three years but the amounts will vary from region to region, according to a new forecast. Agents are predicting that rents are likely to rise faster than house prices as landlords find ways of coping with extra costs due to ta changes, tougher […] The post Rents in UK set to rise by 15% over next three years, agents suggest appeared first on PropertyWire . Continue reading →
Proposed rent controls in Ireland criticised as being a step too far for landlords
The Irish Government has been accused of interfering for wanting to reduce rent controls in cities where residential rents have been rising fast. It has proposed temporary controls on residential rents which would limit annual rent increases in Dublin and Cork, the country’s two largest cities to 4% but said it may lower this and […] The post Proposed rent controls in Ireland criticised as being a step too far for landlords appeared first on PropertyWire . Continue reading →