Scotland
New home lending falls in Australia as stamp duty costs rise
The number of new home loans being approved in Australia fell slightly in October, down 0.4% month on month and are now 2.4% below a year ago, the latest published data shows. The number is likely to ease back towards the end of 2017 as fewer new homes are being built, according to the Housing […] The post New home lending falls in Australia as stamp duty costs rise appeared first on PropertyWire . Continue reading →
Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year
Average rents increased by 0.3% month on month in October and are now 0.4% higher than a year ago, taking the average monthly rent to £558 per month, the latest buy to let index shows. But the national figure hides some red hot markets including Edinburgh and the Lothians where rents are some 6.1% higher […] The post Rents increasing in Scotland with Edinburgh seeing 6.1% rise year on year appeared first on PropertyWire . Continue reading →
Tough year ahead for UK buy to let sector according to lettings agents
The number of new rental properties coming onto the market in the UK will fall next year, as a result of the increased stamp duty surcharge on additional properties, it is claimed. According to the predictions for the coming year from the Association of Residential Letting Agents (ARLA) some 37% of members envisage supply falling […] The post Tough year ahead for UK buy to let sector according to lettings agents appeared first on PropertyWire . Continue reading →