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Demand in private rented sector in UK is for longer tenancies

People in the UK want longer tenancies, new research has found, and it seem that landlords also want to be able to provide more stable, longer lets. One new piece of research show that four in 10 tenants expect to rent a property for up to 10 years while the Residential Landlords Association (RLA) believes […] The post Demand in private rented sector in UK is for longer tenancies appeared first on PropertyWire . Continue reading

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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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