Sellers
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 →
More funding for superfast broadband in UK good for home sellers
The UK is to spend millions of pounds extending the country’s fast fibre optic broadband network which could be a boost to people trying to sell their home. Chancellor Philip Hammond announced the new £1 bilionfunding in his autumn statement and said that it will be rolled out to at least two million homes and […] The post More funding for superfast broadband in UK good for home sellers appeared first on PropertyWire . Continue reading →
Fewer first time buyers in London taking out mortgages compared to a year ago
Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading →