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Millions put off moving home in UK because of Brexit, poll shows
The UK has begun the official process of leaving the European Union but Brexit has already affected the decision of over a million people not to move home this year, new research suggests. Overall 7.5 million adults in the UK have been put off moving home and 15%, just over a million, say it is […] The post Millions put off moving home in UK because of Brexit, poll shows appeared first on PropertyWire . Continue reading →
UK property industry disappointed that letting agents not included in money directive
The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading →
Tenants in UK private sector worse off financially than people with a mortgage
People in the UK who rent in the private rented sector are twice as likely as mortgage borrowers to have no savings and spend roughly half of their salary on rent each month, new research has found. Private renters also go on fewer holidays and are more likely to make forced cutbacks than those with […] The post Tenants in UK private sector worse off financially than people with a mortgage appeared first on PropertyWire . Continue reading →