The average UK house price is eight times the average wage with the majority of least affordable areas in London, new research has found. Indeed, in London the average price of a home is 14 times the average wage, according to research from eMoov with data compiled from all London boroughs and each area across […] The post Average property in UK is eight times the average wage, new research shows appeared first on PropertyWire . Continue reading
quality
Landlords and letting agents in UK not up to speed on legal changes in sector
A high number of landlords and letting agents in the UK are failing to get to grips with several legislative changes in the sector, according to an industry trade body. The Association of Independent Inventory Clerks (AIIC) says that its members are frequently receiving queries about new industry regulations, particularly those regarding carbon monoxide and […] The post Landlords and letting agents in UK not up to speed on legal changes in sector appeared first on PropertyWire . Continue reading →
Property industry wants tax change to boost build to rent
The number of build to rent homes has increased strongly in the UK at a time when demand for rental homes is rising but even more need to be constructed, according to the industry. The latest figures from the British Property Federation show that in the past year the amount of build to rent units […] The post Property industry wants tax change to boost build to rent appeared first on PropertyWire . Continue reading →