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UK’s private rented sector could decline significantly by end of 2017

The private rented sector in the UK could be set to contract in size as property sales by existing landlords are predicted to outstrip purchases by the end of this year, it is suggested. The warning from the National Landlords Association (NLA) comes at a time when the latest English Housing Survey shows that the […] The post UK’s private rented sector could decline significantly by end of 2017 appeared first on PropertyWire . Continue reading

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Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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UK property industry disappointed that letting agents not included in money directive

The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading

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