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Research finds shared ownership is still too expensive for many first time buyers
Shared ownership schemes in the UK designed to help first time buyers onto the housing ladder are still unaffordable and put the majority of properties out of reach, new research has found. A report from consumer organisation Which? reveals the true scale of how unaffordable shared ownership schemes are in some areas, particularly Greater London. […] The post Research finds shared ownership is still too expensive for many first time buyers appeared first on PropertyWire . Continue reading →
Lenders’ organisation in UK wants stamp duty reformed in 2017
Looking ahead to 2017 the Council of Mortgage Lenders believes that stamp duty needs to be reformed as it is one of the biggest barriers to home ownership. The CML, which represents over 90% of home lenders in the UK, says that the property tax paid by buyers, which rises with the price, is preventing […] The post Lenders’ organisation in UK wants stamp duty reformed in 2017 appeared first on PropertyWire . Continue reading →
Is the Lettings fee ban an opportunity for tech companies?
Last week the government announced that it will be coming in line with Scotland, and will be making the charging of any fees to tenants illegal. There has always been controversy around the charging of fees to tenants, for what can be seen as simple admin tasks. These costs on average come in between £202-337 […] The post Is the Lettings fee ban an opportunity for tech companies? appeared first on PropertyWire . Continue reading →