impact
Tax change could result in UK landlords putting up rents by 20% to 30%
Tenants in the UK private rented sector face potential rent increases of up to 30% as a result of tax changes, it is claimed in a new analysis report. Tax changes, including the 3% extra stamp duty on additional properties, that have affected landlords are having a negative effect on the supply of rental properties […] The post Tax change could result in UK landlords putting up rents by 20% to 30% appeared first on PropertyWire . Continue reading →
Prime property market in London still hit by tax, politics and the economy
Higher taxes and political and economic uncertainty have continued to suppress prime London residential values throughout 2016, according to new research. However, as prices have become more aligned with buyer expectations of value, the market has become more fluid, says the report from real estate firm Savills. Average house prices across the prime property market […] The post Prime property market in London still hit by tax, politics and the economy appeared first on PropertyWire . Continue reading →
Majority of UK landlords not planning to buy or sell property in next five years
The majority of residential landlords in London and elsewhere in the UK do not intend to buy or sell more properties to let in the next five years, new research has found. Three quarters are not planning change but of those who are some 13% in London plan to buy more properties and 9% to […] The post Majority of UK landlords not planning to buy or sell property in next five years appeared first on PropertyWire . Continue reading →