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UK property markets in good position to weather Brexit, says two new reports
Regional property markets around the UK currently offer potentially better investment opportunities than those in London, with Brexit likely to hit the capital harder than anywhere else in the UK, a new report suggests. While commercial real estate investment returns in London are unlikely to plummet during the Brexit negotiations, which are due to get […] The post UK property markets in good position to weather Brexit, says two new reports appeared first on PropertyWire . Continue reading →
Campaigning association calls for buy to let change in March Budget
A campaigning landlord organisation is calling for UK Chancellor Philip Hammond to scrap planned changes to taxation for the buy to let sector in his forthcoming March Budget. The Residential Landlords Association (RLA) said that the UK should follow the example of Ireland by scrapping planned changes to mortgage interest relief or, at the very […] The post Campaigning association calls for buy to let change in March Budget appeared first on PropertyWire . Continue reading →
Number of first time buyers in UK rises as buy to let purchases fall
The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading →