Planning
UK urgently needs 1.8 million new rental homes by 2025
Some 1.8 million new rental homes are needed urgently in the UK where the housing market is experiencing a sharp drop in the number of available properties to rent. The housing shortage has been well documented and the Government has put building new homes for sale at the top of its housing agenda but new […] The post UK urgently needs 1.8 million new rental homes by 2025 appeared first on PropertyWire . Continue reading →
Property taxes biggest burden to UK residential market
Over 70% of UK based property and construction businesses view the tax system as unfavourable to the industry, according to a new survey. Some 68% believe that stamp duty is the biggest tax barrier to business growth, with another 12% perceiving Capital Gains Tax as the biggest barrier. The report, which provides a 12-month market […] The post Property taxes biggest burden to UK residential market appeared first on PropertyWire . Continue reading →
Over half of UK landlords set to raise rents due to tax changes
Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading →
