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Gross mortgage lending down in UK in first month of 2017

Gross mortgage lending in the UK reached £18.9 billion in January, some 6% lower than December’s lending total of £20 billion, but 2% higher than a year ago. The latest data from the Council of Mortgage Lenders (CML) suggests that overall the mortgage market is holding up but according to senior economist Mohammed Jamei there […] The post Gross mortgage lending down in UK in first month of 2017 appeared first on PropertyWire . Continue reading

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Rent rises inevitable as more tenants still chasing fewer homes to rent in UK

The number of people looking for a home to rent in the UK is much bigger than the rental supply available, the latest monthly research shows. Lettings agents point out that the private rented sector is currently out of balance and it means that it is inevitable that as long as it stay that way […] The post Rent rises inevitable as more tenants still chasing fewer homes to rent in UK appeared first on PropertyWire . Continue reading

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Landlords in UK more optimistic and planning to cope with tax change

Landlords in the UK are taking action ahead of mortgage relief tax changes due to come into force in April and more are optimistic about the outlook for the private rented sector. Six out of 10 landlords are preparing for the tax change and more are willing to buy with fewer thinking about reducing their […] The post Landlords in UK more optimistic and planning to cope with tax change appeared first on PropertyWire . Continue reading

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