stress tests
New buy to let powers granted to Bank of England committee from early 2017
he Bank of England’s Financial Policy Committee (FPC) will be granted new powers by the Government to help it protect the financial system from future risks in the buy to let mortgage market. The FPC is responsible for identifying, monitoring and taking action to remove or reduce systemic risks in the financial system and these […] The post New buy to let powers granted to Bank of England committee from early 2017 appeared first on PropertyWire . Continue reading →
Pending home sales in US fall again to lowest level since January
After bouncing back in July, pending home sales in the United States cooled in August for the third time in four months, taking them to their lowest level since January. The latest pending home sales index from the National Association of Realtors, a forward looking indicator based on contract signings, fell by 2.4% to 108.5 […] The post Pending home sales in US fall again to lowest level since January appeared first on PropertyWire . Continue reading →
Over half of UK landlords set to raise rents due to tax changes
Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading →
