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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 →
Skyscraper rents in London at record levels despite Brexit
Rents in London’s skyscrapers remain at record levels despite uncertainty caused by the decision to leave the European Union, according to a new index report. The latest Skyscraper Index from Knight Frank which examines the rental performance of commercial buildings over 30 storeys across the world and shows that rents in London’s skyscrapers remained at […] The post Skyscraper rents in London at record levels despite Brexit 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 →
