UK< rent

Tougher lending criteria and tax change set to affect majority of UK landlords

The majority of landlords in the UK believe they will be affected by the new tougher mortgage affordability tests and by income tax changes due to be introduced in April of this year. Some 60% said they believe they will be directly affected by income tax relief changes but 29% said that they would not, […] The post Tougher lending criteria and tax change set to affect majority of UK landlords appeared first on PropertyWire . Continue reading

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UK property market ends 2016 on a positive note despite Brexit

Annual house price growth in the UK ended 2016 at 4.5%, the same as in 2015, but in London it was below the national average for the first time in eight years. The latest index data from lender the Nationwide also shows that month on month prices increased by 0.8% taking the price of an […] The post UK property market ends 2016 on a positive note despite Brexit appeared first on PropertyWire . Continue reading

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British residential rent values up by 2.3% in last 12 months

Private rental prices paid by tenants in Great Britain rose by 2.3% in the 12 months to November 2016 and were unchanged compared to October 2016, the latest index shows. Rents increased by 2.4% in England, by 0.1% in Scotland and by 0.3% in Wales to an average of £511.50, according to the figures published […] The post British residential rent values up by 2.3% in last 12 months appeared first on PropertyWire . Continue reading

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