Residential

UK home lending biggest for month of September since 2007

The home lending market in the UK has not been affected by Brexit with the latest figures showing that gross mortgages reached £20.5 billion in September. This was the highest September lending figure recorded by the Council of Mortgage Lenders since 2007 and was 2% higher than September 2015 but it was 7% lower than […] The post UK home lending biggest for month of September since 2007 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

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London landlords advised not to be greedy and value tenants in period of stagnation

Landlords in London are being advised not to seek rent increases and to even consider reducing rents for particularly good tenants as the sector is currently stagnating. The key to surviving in the current market is to retain good tenants and even undertake work on the property to keep them happy and avoid void periods, […] The post London landlords advised not to be greedy and value tenants in period of stagnation appeared first on PropertyWire . Continue reading

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