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Rent rises inevitable as more tenants still chasing fewer homes to rent in UK
The number of people looking for a home to rent in the UK is much bigger than the rental supply available, the latest monthly research shows. Lettings agents point out that the private rented sector is currently out of balance and it means that it is inevitable that as long as it stay that way […] The post Rent rises inevitable as more tenants still chasing fewer homes to rent in UK appeared first on PropertyWire . Continue reading →
Property sales in UK up for fourth month in a row, latest official data shows
Residential property sales in the UK increased by almost 5% between the end of last year and January, according to the latest official figures to be published. Overall the number of property transactions increased by 4.9% between December 2016 and January 2017, according to the latest HMRC data. The seasonally adjusted figure for the month […] The post Property sales in UK up for fourth month in a row, latest official data shows appeared first on PropertyWire . Continue reading →
Electronic mortgages likely to be introduced in England and Wales
The Land Registry in England and Wales has launched a consultation on proposals to allow it to introduce new digital conveyancing and registration including e-mortgages. It is seeking responses from the property industry and individuals to changes that will allow it to change the rules so it can move forward with fully digital conveyancing documents […] The post Electronic mortgages likely to be introduced in England and Wales appeared first on PropertyWire . Continue reading →