The combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow Auckland housing activity. Property prices and sales were restrained in Auckland in September as New Zealand’s busiest real estate market copes with tighter mortgage lending rules. The latest data from real estate firm Barfoot & Thompson shows […] The post Auckland property market subdued by tougher lending conditions appeared first on PropertyWire . Continue reading
Tag Archives: real estate
Majority of UK home owners undertaking work on their property don’t check insurance
Some 64% of UK home owners renovating their property were unaware that not being properly insured when undertaking building work could put them in breach of the terms of their mortgage, a new poll has found. In addition, 55% didn’t tell their home insurer when doing structural work to their property, resulting in a potential […] The post Majority of UK home owners undertaking work on their property don’t check insurance appeared first on PropertyWire . Continue reading →
Landlords in UK denied the legal right to challenge buy to let tax change
The High Court in London has rejected a legal application on behalf of residential landlords for a review of Section 24 of the Finance Act 2015 which will change the way their income is taxed from next year. The changes, which are due to come into force in 2017, would stop landlords being able to […] The post Landlords in UK denied the legal right to challenge buy to let tax change appeared first on PropertyWire . Continue reading →