Surveyors
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Average property prices in Scotland rise post Brexit
Property prices in Scotland increased by 0.6% month on month in September, taking the average price above £170,000 for the first time since the vote to leave the European Union. It means the average property price increased by more than £1,000 compared to August to £170,762 and on an annual basis prices are up 2.5% […] The post Average property prices in Scotland rise post Brexit appeared first on PropertyWire . Continue reading →
Lack of supply pushing up property prices in Portugal
Falling supply at a time when demand is rising is helping the residential property market in Portugal recover with the latest index report showing prices are rising. Like its neighbour in Spain, the property market in Portugal was hit hard by the global economic downturn with overseas buyers falling but now estate agents are seeing […] The post Lack of supply pushing up property prices in Portugal appeared first on PropertyWire . Continue reading →