renters
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Renting set to be more affordable in the US in 2017, new analysis suggests
Home ownership rates in the US are expected to bounce back in 2017 and renting will become more affordable but Trump could push up housing cost, says a new analysis. The outlook report from real estate firm Zillow predicts that recent trends will reverse course as the housing market’s economic recovery enters a new stage. […] The post Renting set to be more affordable in the US in 2017, new analysis suggests appeared first on PropertyWire . Continue reading →
Property industry in UK wants tax boost for Build to Rent sector
The British property industry is hoping that Chancellor Philip Hammond will announce tax measures in his autumn statement that will boost the fledgling build to rent sector as a time when more homes are needed in the rented sector. Figures from the British Property Federation show that in the past year the number of Build […] The post Property industry in UK wants tax boost for Build to Rent sector appeared first on PropertyWire . Continue reading →