rental sector
UK property industry disappointed over lack of stamp duty reform
There is disappointment in the UK property industry that Chancellor Philip Hammond did not take on board calls for a change to stamp duty, the tax paid when a property is bought. In the run up to the autumn statement there had been hope that he might reverse the 3% additional stamp duty imposed earlier […] The post UK property industry disappointed over lack of stamp duty reform appeared first on PropertyWire . Continue reading →
Ireland has best buy to let rental yields in Europe, new research shows
Ireland has the highest rental yield for buy to let property in Europe at 6.54%, moving from tenth place to top of the sector league table. In second place is the Netherlands at 6.35% then Portugal at 6.33% then Belgium at 6.32% and Hungary and Turkey both at 6.32%, according to the index from international […] The post Ireland has best buy to let rental yields in Europe, new research shows appeared first on PropertyWire . Continue reading →
Asking rental growth slowing in UK, especially London and South East
Rent growth in the UK is slowing, particularly in London and the South East, but up overall 3% in October year on year, the latest index shows. New tenancy rents were on average £902 per month, according to the HomeLet rental index which suggests that landlords appear to be balancing affordability with returns. It was […] The post Asking rental growth slowing in UK, especially London and South East appeared first on PropertyWire . Continue reading →