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Mayor of London urges short term letting agents to enforce 90 day limit

Short term letting agents in London are being urged by the city’s Mayor to follow Airbnb’s lead by blocking hosts from renting out homes in the capital for more than 90 days. Airbnb, which has about 50,000 listings in London, announced in December last year that it would place a block on its website so […] The post Mayor of London urges short term letting agents to enforce 90 day limit appeared first on PropertyWire . Continue reading

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Scotland sees further deterioration in housing affordability

There has been a further deterioration in home affordability in Scottish cities with prices up 3% compared to the 1% rise recorded for the whole of Scotland, the latest figures show. The average price in cities has now risen from £181,061 in 2016 to £186,002 in 2017, according to the figures from the Bank of […] The post Scotland sees further deterioration in housing affordability appeared first on PropertyWire . Continue reading

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Lack of supply boosting property sales in hotspots in Scotland

Property sales in Scotland increased by 3% in 2016 and was 9% higher than the 10 year annual average, with lack of supply fuelling growth in popular areas, the latest analysis shows. The growth in sales last year took place despite a drop in mortgage lending and slowdown in the Aberdeen area, according to the […] The post Lack of supply boosting property sales in hotspots in Scotland appeared first on PropertyWire . Continue reading

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