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Ban on letting agent fees divides UK rental industry

Opinion is divided over whether or not the decision to ban letting agent fees in England is a good move for the private rental market. The announcement by Chancellor Philip Hammond that the ban will be introduced as soon as possible was met with dismay by letting agent and landlord organisations who warned that agents […] The post Ban on letting agent fees divides UK rental industry appeared first on PropertyWire . Continue reading →

Posted on November 24, 2016 by tsiadmin | Posted in ads, advice, age, agent, agents, analysis, ASA, autumn statement, average, ban, broadband, build, building, business, buy, Buy to Let, Buyers, buying, Central London, chancellor, change, changes, commercial, Commercial Property, Company News, cost, costs, data, decisions, divide, England, estate, Europe, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, funding, future, government, home, Housing, housing market, Hunters, impact, Index, interest, invest, Investment, investments, Isa, JLL, land, Landlords, Leeds Building Society, Legal, lets, letting, Letting Agents, Lettings, lettings agent, lettings agents, Location, London, market, mortgage, mortgages, move, moving, new, new home, News, office, Offices, ONS, Paris, Planning, policy, poll, price, prices, private rented sector, products, Property, property industry, purchase, qualifications, quality, reform, regulation, rent, rental, rental industry, Rental Market, Rental Prices, rental sector, renters, rents, research, Residential, rogue, Scotland, search, sell, Sellers, Stamp Duty, standard, states, tax, Taylor Scott International, tenancy, Tenants, Transactions, transparency, TSI, U, Uk, US, USE, value, young people | Tagged , , , , , , , | Comments Off on Ban on letting agent fees divides UK rental industry

Analysis suggests ban on lettings fees will not have major finance impact for landlords

Private sector landlords in the UK are not facing large extra costs due to the new ban on letting agent fees with the financial impact amounting to around £25 a month on average, according to new research. If letting agents pass on the cost to landlords it will amount to a loss of just 0.14% […] The post Analysis suggests ban on lettings fees will not have major finance impact for landlords appeared first on PropertyWire . Continue reading →

Posted on November 24, 2016 by tsiadmin | Posted in ads, advice, age, agent, agents, analysis, ASA, autumn statement, average, ban, broadband, build, building, buy, Buy to Let, Buyers, buying, chancellor, change, commercial, Commercial Property, Company News, cost, costs, data, decisions, Demand, Deposit, divide, estate, Europe, existing, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, funding, home, Housing, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, letting, Letting Agents, Lettings, lettings agent, lettings agents, lettings market, Location, London, market, mortgage, mortgages, move, moving, new, new home, News, ONS, Planning, policy, pressure, price, products, Property, property industry, protection, purchase, qualifications, quality, reform, rent, rent rises, rental, renting, rents, research, Residential, rnets, Scotland, search, sell, Sellers, Stamp Duty, standard, survey, tax, Taylor Scott International, tenancy, Tenants, Transactions, TSI, U, Uk, US, USE, value, young people | Tagged , , , , , , , , , , , | Comments Off on Analysis suggests ban on lettings fees will not have major finance impact for landlords

First time buyers in Scotland borrow more in third quarter of 2016

First time buyers are driving the property market in Scotland with more loans advance to them in the third quarter of 2016 than any quarter since 2007. The latest data from the Council of Mortgage Lenders (CML) shows that overall home buyers borrowed £2.2 billion for house purchase, up 5% quarter on quarter but down […] The post First time buyers in Scotland borrow more in third quarter of 2016 appeared first on PropertyWire . Continue reading →

Posted on November 24, 2016 by tsiadmin | Posted in 2017, activity, ads, advice, affordability, affordable, age, agent, analysis, ASA, autumn statement, average, borrowing, Brexit, broadband, build, building, business, buy, Buy to Let, Buyers, buying, chancellor, change, commercial, Commercial Property, Company News, data, decisions, England, estate, Europe, figures, finance, Finance Update, first time buyer, first time buyers, fixed rate, fund, funding, growth, home, home lending, home owners, homes, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Leeds Building Society, Legal, lender, lenders, Lending, letting, Loans, Location, London, market, mortgage, mortgages, move, moving, new, new home, News, North America, ONS, owners, Planning, policy, price, prices, products, Property, property industry, property market, Property Sales, purchase, qualifications, quality, Real Estate, record, referendum, reform, Remortgage, rent, renting, rents, research, Residential, Rics, river, sales, Scotland, search, sell, Sellers, sentiment, Shows, Stamp Duty, standard, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, value | Tagged , , , , , , , , | Comments Off on First time buyers in Scotland borrow more in third quarter of 2016