Lettings
Letting agent fee ban will lead to higher rents, industry warns
The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →
Survey reveals landlords think UK Government policies are against them
The vast majority of residential landlords in the UK believe that the Government is anti-landlord and are more concerned about changes to mortgage tax relief than Brexit, new research has found. Landlords have already faced change to stamp duty which means that for every new property thy buy to add to their portfolios they pay […] The post Survey reveals landlords think UK Government policies are against them appeared first on PropertyWire . Continue reading →
Tighter lending and high prices slows Auckland property market
A combination of tighter mortgage lending restrictions and perceptions that residential property is fully priced continues to slow activity in Auckland housing market, the latest overview report suggests. In September new listings were down and sales numbers and prices were restrained and so far the normal spring lift has not materialised, says the report from […] The post Tighter lending and high prices slows Auckland property market appeared first on PropertyWire . Continue reading →




