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Buy to let sector disappointed by UK Chancellor’s failure to address their concerns

There was disappointment for buy to let landlords in the UK when Chancellor Philip Hammond did nothing for the lettings sector when delivering his Spring Budget. It had been hoped that he might re-visit the extra 3% in stamp duty imposed by his predecessor last year on additional homes and that he might also reconsider […] The post Buy to let sector disappointed by UK Chancellor’s failure to address their concerns appeared first on PropertyWire . Continue reading

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Prices in UK residential market continue upward trend, 5.1% above a year ago

House price growth in the UK increased by 0.1% in February and by 1.7% to an average of £219,949, according to the latest index data to be published. Year on year they are 5.1% higher but this annual rate of growth has slowed from 5.7% in the previous month and is now the lowest since […] The post Prices in UK residential market continue upward trend, 5.1% above a year ago appeared first on PropertyWire . Continue reading

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Call for more support for smaller new home builders in London

Small and medium sized developments account for two in three new build schemes in London’s pipeline, but will only provide one in five of the properties, according to new research The study from Kinleigh Folkard & Hayward (KFH) shows that there are currently a total of 1,031 private new build developments all more than 20 […] The post Call for more support for smaller new home builders in London appeared first on PropertyWire . Continue reading

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