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UK property prices still rising, up 1.4% in October, despite Brexit uncertainty

Residential property prices in the UK continued to grow in October, up 1.4% and are now 5.2% up year on year, taking the average cost of a home to £217,411, the latest lender index data shows. On a quarterly basis they were up just 0.1% but experts point out that this reflects a slowdown caused […] The post UK property prices still rising, up 1.4% in October, despite Brexit uncertainty appeared first on PropertyWire . Continue reading

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Landlords urge UK to follow Irish example and abolish change to tax relief

A decision by Ireland to reverse its policy preventing residential landlords from claiming full mortgage interest tax relief on their rental income should send a powerful message to the UK, according to campaigners. Britain is due to introduce a similar policy in April 2017 which is widely opposed by landlords, trade organisations and tenants amid […] The post Landlords urge UK to follow Irish example and abolish change to tax relief appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in ads, advice, age, agent, agents, ASA, Asia, Asking Prices, Australasia, Brexit, build, buy, Buy to Let, Buyers, buying, Central London, challenge, chancellor, change, changes, Company News, confidence, cost, costs, data, Demand, Deposit, England, Europe, Fees, finance, Finance Update, future, government, high court, home, home hunts, homes, Hong Kong, house prices, Housing, Income, Index, international, invest, Investment, investments, investors, Ireland, Isa, land, Landlords, Legal, Lending, lets, letting, Letting Agents, Lettings, lettings agent, lettings agents, letttings, Location, London, market, monthly, mortgage, mortgages, move, new, New Zealand, News, office, ONS, pending, Planning, policy, policy change, portfolios, price, prices, prime, Prime Property, private rented sector, products, Property, property market, property markets, purchase, range, Real Estate, record, recovery, rent, rent rises, rental, Rental Market, rents, research, Residential, search, Shows, Spain, standard, study, Supply, survey, tax, Taylor Scott International, Tenants, Transactions, trend, TSI, U, Uk, US, USE, value, Wales | Tagged , , , , , , , , , , , | Comments Off on Landlords urge UK to follow Irish example and abolish change to tax relief

Hundreds of thousands of landlords will face steep rise in tax from next year

More than 400,000 landlords in the UK who currently pay the basic rate of tax will find themselves forced into a higher tax bracket from April 2017, research has found. According to a survey for the National Association of Landlords (NLA) while some 22% of the estimated two million landlords in the private rented sector […] The post Hundreds of thousands of landlords will face steep rise in tax from next year appeared first on PropertyWire . Continue reading

Posted on by tsiadmin | Posted in activity, ads, age, agents, appointments, ASA, Brexit, build, building, business, buy, Buy to Let, Buyers, buying, Central London, challenge, chancellor, change, changes, Cities, Company News, confidence, cost, costs, data, Demand, Deposit, Deposits, developer, Dubai, England, Europe, existing, Fees, finance, Finance Update, government, high court, home, home builder, house building, Housing, Income, Index, insurance, interest rate, invest, Investment, investments, land, Landlords, Legal, Lending, letting, Letting Agents, Lettings, Loans, Location, London, market, Middle East, mortgage, mortgages, move, moving, new, new home, News, North America, office, ONS, output, pending, Planning, policy, premium, price, prices, private rented sector, products, Property, property market, property prices, purchase, Real Estate, rent, rental, rents, research, Residential, rules, sales, Sellers, Shows, Stamp Duty, standard, survey, tax, Taylor Scott International, Tenants, Towns, Transactions, TSI, Uk, US, USE | Tagged , , , , , , , , , | Comments Off on Hundreds of thousands of landlords will face steep rise in tax from next year