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Lending figures show recovery in UK home lending
The latest lending data from the Bank of England suggests that the home mortgage market is recovering with approved loans for properties up 6% in October compared to the previous month. It suggests that the recovery in buyer demand is underway after a slowdown caused by the run up to the referendum on the European […] The post Lending figures show recovery in UK home lending appeared first on PropertyWire . Continue reading →
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 →
Survey reveals landlords think UK Government policies are against them
The vast majority of residential landlords in the UK believe that the Government is anti-landlord and are more concerned about changes to mortgage tax relief than Brexit, new research has found. Landlords have already faced change to stamp duty which means that for every new property thy buy to add to their portfolios they pay […] The post Survey reveals landlords think UK Government policies are against them appeared first on PropertyWire . Continue reading →