tenancies
Rents in UK up 3% year on year but some regions falling on quarterly basis
Asking rents in the UK increased by 3% annually outside London in 2016 with the highest growth recorded in northern regions, the latest index shows. However, rents in London fell 4.4% with inner London seeing the biggest decline in the fourth quarter of 2016, according to the data from real estate portal Rightmove. In 2017 […] The post Rents in UK up 3% year on year but some regions falling on quarterly basis appeared first on PropertyWire . Continue reading →
Conveyancing industry calls for residential leasehold change
he conveyancing industry is calling for the residential leasehold process in the UK to be changed in 2017 to end unacceptable delays, extortionate ground rents and high fees. The Conveyancing Association says that there is also a lack of knowledge among buyers about leaseholds with recent research showing that 57% of those buying a leasehold […] The post Conveyancing industry calls for residential leasehold change appeared first on PropertyWire . Continue reading →
New buy to let lending bounced back in fourth quarter of 2016
Following a shift to more remortgaging in the buy to let lending market, more landlords moved to purchase properties in the final quarter of 2016, the latest data shows. After the Brexit vote in the summer and concerns about changes to stamp duty for additional homes the number of mortgages for new purchase fell in […] The post New buy to let lending bounced back in fourth quarter of 2016 appeared first on PropertyWire . Continue reading →