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Tenants in UK private sector worse off financially than people with a mortgage
People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading →
International economic think tank calls on UK to build homes on green belt
It is well known that there is a shortage of housing in the UK and now the world’s leading economic think tank has written a report calling for more homes to be built. The Organisation for Economic Co-operation and Development (OECD) says lack of housing is holding back Britain’s growth and it believes that planning […] The post International economic think tank calls on UK to build homes on green belt appeared first on PropertyWire . Continue reading →
Tax change is biggest issue for UK buy to let landlords
Tax change is the biggest issue for buy to let landlords in the UK with many having concerns about how they will manage their business with the changes to mortgage relief finance. But they should not worry about it, instead taking it as part of the cost of running a business, the Property Wire panel […] The post Tax change is biggest issue for UK buy to let landlords appeared first on PropertyWire . Continue reading →