rent rises
Residential rents up 2.3% year on year in UK
Private rental sector prices paid by tenants in Britain increased by 2.3% in the 12 months to September 2016, unchanged compared with the year to August 2016, the latest official data shows. There is some regional variation with the data from the Office of National Statistics (ONS) showing rents up by 2.5% in England and […] The post Residential rents up 2.3% year on year in UK appeared first on PropertyWire . Continue reading →
Landlords urge UK to follow Irish example and abolish change to tax relief
A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading →
Canadian real estate market sees activity slow
Home sales across Canada edged up by 0.8% in September but are now 5.6% below the record set in April 2016, according to the latest index data. Year on year sales were up by 4.2% and the average price of a home is up 9.5% compared to a year ago, the figures from the Canadian […] The post Canadian real estate market sees activity slow appeared first on PropertyWire . Continue reading →