Tag Archives: ownership
Official data shows where homes in England and Wales are least affordable
A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading →
Campaigning association calls for buy to let change in March Budget
A campaigning landlord organisation is calling for UK Chancellor Philip Hammond to scrap planned changes to taxation for the buy to let sector in his forthcoming March Budget. The Residential Landlords Association (RLA) said that the UK should follow the example of Ireland by scrapping planned changes to mortgage interest relief or, at the very […] The post Campaigning association calls for buy to let change in March Budget appeared first on PropertyWire . Continue reading →
Housing stock value in UK passes £5 trillion for the first time
The total value of all homes in the UK rose to a record £6.79 trillion last year with the South East outperforming London, new research shows. Overall growth of £491 billion underscored housing’s status as the UK’s greatest store of wealth, according to latest analysis from international real estate adviser Savills. It means that privately […] The post Housing stock value in UK passes £5 trillion for the first time appeared first on PropertyWire . Continue reading →