Tag Archives: stamp duty
Property taxes biggest burden to UK residential market
Over 70% of UK based property and construction businesses view the tax system as unfavourable to the industry, according to a new survey. Some 68% believe that stamp duty is the biggest tax barrier to business growth, with another 12% perceiving Capital Gains Tax as the biggest barrier. The report, which provides a 12-month market […] The post Property taxes biggest burden to UK residential market appeared first on PropertyWire . Continue reading →
Stress tests for UK buy to let mortgages set for start of 2017
Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading →
Rental prices in Britain up by 2.3% year on year, latest index shows
Private rental prices paid by tenants in Britain rose by 2.3% in the 12 months to August 2016, down 0.1% compared with the previous monthly data. The figures from the Office of National Statistics (ONS) also show that rent increased by 2.4% in England, by 0.1% in Wales and were unchanged in Scotland, having slowed […] The post Rental prices in Britain up by 2.3% year on year, latest index shows appeared first on PropertyWire . Continue reading →
