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Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report
The average residential rent in the UK increased marginally in 2016 with growth of 1.12% over the year, the latest data shows, but growth is expected to rise in 2017. Overall rental growth has slowed from 2.34% in same period of 2015 with rents in London down by 0.31%, according to the national rent review […] The post Rental growth slowed in UK in 2016 but set to rise again in 2017, says lender report appeared first on PropertyWire . Continue reading →
UK financial watchdog to see if current mortgage market can be improved for buyers
The UK’s financial watchdog has launched a market study to consider whether competition in the housing mortgage sector can be improved to benefit consumers. The Financial Conduct Authority (FCA) said it wants to understand whether consumers are empowered to choose on an informed basis between products and services and are in a position to understand […] The post UK financial watchdog to see if current mortgage market can be improved for buyers appeared first on PropertyWire . Continue reading →
Call for rental housing database in the UK
The British Government should create a central database of house holders in rented properties as an alternative to the current system of tenant funded credit and reference checks, it is claimed. According to a new policy paper from the Royal Institution of Chartered Surveyors (RICS) the proposed database would hold landlord references and past rental […] The post Call for rental housing database in the UK appeared first on PropertyWire . Continue reading →