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Lettings agent association warns of economic impact of fees ban in England

The proposed ban on letting agent fees in England will cost tenants who stay in properties the longest hundreds of pounds, it is claimed. According to the Association of Residential Letting Agents (ARLA Propertymark) it is loyal tenants who will be hit the hardest but it also believes that there are 4,000 jobs at risk […] The post Lettings agent association warns of economic impact of fees ban in England appeared first on PropertyWire . Continue reading

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UK’s private rented sector could decline significantly by end of 2017

The private rented sector in the UK could be set to contract in size as property sales by existing landlords are predicted to outstrip purchases by the end of this year, it is suggested. The warning from the National Landlords Association (NLA) comes at a time when the latest English Housing Survey shows that the […] The post UK’s private rented sector could decline significantly by end of 2017 appeared first on PropertyWire . Continue reading

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Weakening affordability and lack of supply sees home sales fall in the US

After starting the year at the fastest pace in almost a decade, existing home sales in the United States fell in February but remained above year ago levels both nationally and in all major regions. Total existing home sales fell by 3.7% to a seasonally adjusted annual rate of 5.48 million in February from 5.69 […] The post Weakening affordability and lack of supply sees home sales fall in the US appeared first on PropertyWire . Continue reading

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