Stamp Duty
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 →
UK house prices set to grow 2% in 2017, half what was predicted before Brexit vote
House prices in the UK are set to rise by 2% in 2017 as growth is held back by uncertainty around Britain’s decision to leave the European Union, according to a poll of housing analysts. However, prices in London are set to see a small decline of 0.5% before recovering in 2018, says the results […] The post UK house prices set to grow 2% in 2017, half what was predicted before Brexit vote 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 →