Rental Market
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 →
Rent gap between London and rest of UK narrows
Residential rents outside London have risen faster than in the capital for the first time since 2010 with the gap steadily growing over the last five years, new research shows. The average London rent fell 0.7% year on year on November, the sharpest fall since October 2010 but it still some 60% higher than in […] The post Rent gap between London and rest of UK narrows appeared first on PropertyWire . Continue reading →
Tough year ahead for UK buy to let sector according to lettings agents
The number of new rental properties coming onto the market in the UK will fall next year, as a result of the increased stamp duty surcharge on additional properties, it is claimed. According to the predictions for the coming year from the Association of Residential Letting Agents (ARLA) some 37% of members envisage supply falling […] The post Tough year ahead for UK buy to let sector according to lettings agents appeared first on PropertyWire . Continue reading →