Stamp Duty
Rate of residential rental growth halves in Great Britain in 2016
Rents grew by 1.6% in 2016 across Great Britain to reach an average of £927 per calendar month, but this was the lowest annual increase for seven years and half the rate of 2015, new data shows. In London average rents ended the year 2.9% down on 2015, the largest fall since March 2009, to […] The post Rate of residential rental growth halves in Great Britain in 2016 appeared first on PropertyWire . Continue reading →
New buy to let lending bounced back in fourth quarter of 2016
Following a shift to more remortgaging in the buy to let lending market, more landlords moved to purchase properties in the final quarter of 2016, the latest data shows. After the Brexit vote in the summer and concerns about changes to stamp duty for additional homes the number of mortgages for new purchase fell in […] The post New buy to let lending bounced back in fourth quarter of 2016 appeared first on PropertyWire . Continue reading →
Tax changes named as top concern for British landlords in 2017
Changes to tax relief on mortgage interest payments is the top concern for buy to let landlords in the UK and they would also like to see other taxes cut. The change to tax relief is due to come into force in April but landlords are still hoping that the Government will do a U-turn […] The post Tax changes named as top concern for British landlords in 2017 appeared first on PropertyWire . Continue reading →