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Almost a third of homes for sale in UK towns and cities have prices cuts

Almost a third of properties for sale in major towns and cities in the UK have been reduced in prices with most of them located in the north of the country where property markets have been slower to recover from the downturn. Indeed, 17 of the top 20 locations for price cuts are in the […] The post Almost a third of homes for sale in UK towns and cities have prices cuts appeared first on PropertyWire . Continue reading

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Policy changes welcomed by UK lettings industry but landlords still feel battered

New housing policies affecting the private rented sector in the UK have been widely welcomed regarding longer tenancies and clamping down on rogue landlords. But landlords and the industry are warning that they still face tough challenges ahead relating to tax and letting fees and rents could rise at a time when the new Housing […] The post Policy changes welcomed by UK lettings industry but landlords still feel battered appeared first on PropertyWire . Continue reading

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Fall in supply helps to slow annual decline in prime central London rents

The decline in annual rent growth in the prime central London property market moderated in January with values now 5% below were they were at the beginning of 2016, the latest analysis report shows. However, the report from international real estate firm Knight Frank also shows that rents in this sector have been slowing since […] The post Fall in supply helps to slow annual decline in prime central London rents appeared first on PropertyWire . Continue reading

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