Tag Archives: stamp duty
UK residential rents up 2.3% year on year, but fall in Scotland
Rent prices in the UK increased by 2.3% in the 12 months to October 2016 but there are regional differences and rates have fallen in Scotland. The index data from the Office of National Statistics shows that rent increased by 2.5% in England and by 0.4% in Wales but fell by 0.2% in Scotland. The […] The post UK residential rents up 2.3% year on year, but fall in Scotland appeared first on PropertyWire . Continue reading →
Analysis suggests ban on lettings fees will not have major finance impact for landlords
Private sector landlords in the UK are not facing large extra costs due to the new ban on letting agent fees with the financial impact amounting to around £25 a month on average, according to new research. If letting agents pass on the cost to landlords it will amount to a loss of just 0.14% […] The post Analysis suggests ban on lettings fees will not have major finance impact for landlords appeared first on PropertyWire . Continue reading →
Residential property sales up 1% in October, but still down year on year
The number of residential property sales in the UK increased by 1% between September and October compared to a 4.3% drop the previous month, the latest official data shows. However, the figures from HMRC also show that the latest seasonally adjusted figure is 8% lower compared with the same month last year. Overall for October […] The post Residential property sales up 1% in October, but still down year on year appeared first on PropertyWire . Continue reading →