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Brexit uncertainty has affected UK home sales, research suggests

Around a third of home sales in the UK fell through before completion in the third quarter of 2016 and this may be due to Brexit uncertainty, new research suggests. Some 31% of sales did not complete in the quarter and the six month average figures show that 29.7%% fell through, a rise of 4.57% […] The post Brexit uncertainty has affected UK home sales, research suggests appeared first on PropertyWire . Continue reading

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Survey suggests tenants in UK cannot afford further rent rises

Further rent rises in the private rented sector in the UK could stretch the ability of tenants to pay as they are already under financial pressure, a new analysis report suggests. It is widely expected that rents will continue to increase in 2017 with a change in tax on landlord income due to be introduced […] The post Survey suggests tenants in UK cannot afford further rent rises appeared first on PropertyWire . Continue reading

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Buy to let mortgage applications via UK limited companies rise steeply

More than half of applications from UK landlords purchasing buy to let properties were through a limited company in the third quarter of 2016, the latest index shows. Some 63% of applications were from limited companies, a considerable rise from just 21% before the changes to tax relief on mortgage interest were announced in July […] The post Buy to let mortgage applications via UK limited companies rise steeply appeared first on PropertyWire . Continue reading

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