Residential tax proposals may damage investment
The British Property Federation has recently told a House of Lords committee that proposals unveiled in last years’ Budget to ensure ‘the fair taxation of residential property’ – such as the 15% stamp duty rate – are damaging investment in UK housing.
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Households struggle to maintain standard of living
The rise in the annual CPI inflation rate to 2.6% means UK households collectively need to find £23.6 billion a year to maintain their standard of living enjoyed 12 months ago, according to MGM Advantage, the retirement income specialist.
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Property industry faces greater regulation
Greater regulation from Europe and increasingly empowered and well informed occupiers as a result of social media are just two of the issues facing the UK property industry, revealed at the MIPIM property convention in Cannes.
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Landlords warned to protect against tenant troubles
With the housing market still in a state of flux and predictions that house prices may fall further, many homeowners who are looking to move may consider renting their property out instead of selling.
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Hamptons International, has released the very latest figures from its Property Price Tracker, revealing a steady rise in sale prices and leveling out of rental prices across the UK market in the last quarter of 2009.
Landlords have been snapping up more properties in the last quarter than in the previous three months, says the Association of Residential Letting Agents (ARLA).
With demand for housing in the Private Rented Sector likely to soar due to the credit crunch, the Association of Residential Letting Agents, ARLA, has warned agents and landlords not to take advantage by cutting corners.
More property advisors are advising their clients to use the Exchange Bond as opposed to a cash deposit when buying property.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
