Rental Market
Rental growth in UK residential market slowing, latest index shows
Residential rental growth in the UK is showing signs of easing with rents up 0.09% in September, down from the 0.12% recorded in August, the latest index figures show. Overall rental prices are still up 1.65% year on year to an average of £1,187 per month. But in London it is a different story with […] The post Rental growth in UK residential market slowing, latest index shows appeared first on PropertyWire . Continue reading →
UK urgently needs 1.8 million new rental homes by 2025
Some 1.8 million new rental homes are needed urgently in the UK where the housing market is experiencing a sharp drop in the number of available properties to rent. The housing shortage has been well documented and the Government has put building new homes for sale at the top of its housing agenda but new […] The post UK urgently needs 1.8 million new rental homes by 2025 appeared first on PropertyWire . Continue reading →
Property taxes biggest burden to UK residential market
Over 70% of UK based property and construction businesses view the tax system as unfavourable to the industry, according to a new survey. Some 68% believe that stamp duty is the biggest tax barrier to business growth, with another 12% perceiving Capital Gains Tax as the biggest barrier. The report, which provides a 12-month market […] The post Property taxes biggest burden to UK residential market appeared first on PropertyWire . Continue reading →