Tag Archives: cost

Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced

A new tax for foreigners buying property in Vancouver in Canada has resulted in sales plummeting and prices are also heading down. However the British Columbia Government has announced that foreign buyers with work permits who live and work in the state will no longer need to pay the 15% extra tax introduced last year. […] The post Sales plummet in Vancouver, Canada, after foreign buyers tax was introduced appeared first on PropertyWire . Continue reading

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Rents start falling in the UK, latest national index shows

The average rate of rent growth in the UK is falling and could continue to do so over the next few months, an unprecedented trend in recent times, according to the latest home rental index. Rents in January were just 0.7% higher than a year ago, down from a peak of 4.7% seven months ago […] The post Rents start falling in the UK, latest national index shows appeared first on PropertyWire . Continue reading

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UK landlords call for March Budget to address concerns over tax change and stamp duty

The UK Government is being urged by landlords to use the upcoming Budget in March to reassess its policy on stamp duty for buy to let properties and mortgage interest relief tax change due to be introduced in April. Alan Ward, chairman of the Residential Landlords Association (RLA) believes that the Budget provides an opportunity […] The post UK landlords call for March Budget to address concerns over tax change and stamp duty appeared first on PropertyWire . Continue reading

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