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Letting agent fee ban will lead to higher rents, industry warns

The decision by the Chancellor of the Exchequer to ban letting agent’s fees in England and Wales could backfire and end up leading to rent rises, according to the industry. Philip Hammond announced in his autumn statement that the ban will help 4.3 million households in private rental housing and stop them being hit by […] The post Letting agent fee ban will lead to higher rents, industry warns appeared first on PropertyWire . Continue reading →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, ads, advice, affordability, affordable, age, agent, agents, analysis, ASA, autumn statement, average, bank, Brexit, broadband, build, building, business, businesses, buy, Buy to Let, Buyers, buying, challenge, chancellor, change, changes, Chartered Surveyors, commercial, Commercial Property, Company News, consultation, cost, costs, coup, data, decisions, Design, England, estate, Europe, Fees, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, fund, funding, government, home, house prices, Housing, housing ladder, housing market, Hunters, impact, Income, Index, interest, invest, Investment, investments, Isa, land, Landlords, Leeds Building Society, Legal, letting, Letting Agents, Lettings, lettings agent, Location, London, market, marketing, money, mortgage, mortgages, move, moving, national, new, new home, News, North America, office, ONS, Outlook, Planning, policy, policy change, premium, pressure, price, priced, prices, private rented sector, products, Property, property industry, property market, Property Sales, purchase, qualifications, quality, regulation, rent, rent rises, rental, Rental Market, renters, renting, rents, research, Residential, review, sales, saving, Scotland, search, sell, Sellers, sentiment, Stamp Duty, standard, surcharge, survey, Surveyors, tax, Taylor Scott International, tenancies, tenancy, Tenants, Transactions, transparency, TSI, U, Uk, UK home, US, USE, value, Wales, young people | Tagged , , , , , , , , , , , | Comments Off on Letting agent fee ban will lead to higher rents, industry warns

Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading →

Posted on November 23, 2016 by tsiadmin | Posted in 2017, activity, ads, advice, affordability, affordable, age, analysis, ASA, average, borrowers, Brexit, Bristol, build, Build To Rent, building, buy, Buy to Let, Buyers, buying, change, commercial, Commercial Property, Company News, data, Deposit, Deposits, Dubai, estate, Europe, figures, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, Flats, fund, future, home, home lending, homes, house prices, Housing, housing ladder, Hunters, Income, Index, interest, invest, Investment, investments, Ireland, land, Leeds Building Society, Legal, lender, lenders, Lending, Loans, Location, London, market, Middle East, mortgage, mortgages, move, moving, new, News, North America, ONS, Planning, policy, price, prices, products, Property, property industry, Property Sales, purchase, qualifications, quality, quarterly, referendum, regulation, Remortgage, rent, rental, renting, research, Residential, Rics, sales, search, sell, Sellers, sentiment, Shows, standard, tax, Taylor Scott International, Transactions, TSI, U, Uk, UK home, US, USE, value, viewings, Wales, Yields | Tagged , , , , , , , , , , | Comments Off on Fewer first time buyers in London taking out mortgages compared to a year ago

Dubai property sales down by 24% in third quarter of 2016

Residential property sales in Dubai fell by 24% in the third quarter of 2016 compared to the previous quarter and prices and rents were all down slightly, the latest data shows. Villa and apartment prices both fell by 1% and rents were also down 1% quarter on quarter, according the Dubai residential report from international […] The post Dubai property sales down by 24% in third quarter of 2016 appeared first on PropertyWire . Continue reading →

Posted on November 21, 2016 by tsiadmin | Posted in Abu Dhabi, activity, ads, advice, age, Apartments, ASA, average, barrier, Brexit, build, building, business, buy, Buy to Let, Buyers, buying, change, commercial, Commercial Property, Company News, data, Demand, Dubai, estate, Europe, finance, Finance Update, first time buyer, first time buyers, fixed rate, flat, gardens, global, Global News, government, growth, home, Hunters, Index, interest, international, invest, Investment, investments, investors, Ireland, Island, land, Landlords, Leeds Building Society, Legal, Location, market, markets, MENA, Middle East, mortgage, mortgages, move, moving, national, new, News, office, ONS, pending, policies, policy, pressure, price, prices, prime, products, professionals, Property, property market, property prices, Property Sales, purchase, qualifications, range, rates, Real Estate, record, rent, rental, rental growth, Rental Market, renting, rents, research, Residential, revolution, sales, Scotland, search, Shows, Skye, slowing, smart, spending, Stamp Duty, standard, survey, tax, Taylor Scott International, Tenants, three bed, Transactions, TSI, U, UAE, Uk, United Arab Emirates, US, USE, Valuations, value, Values, Villas, Yields | Tagged , , , , , , , , | Comments Off on Dubai property sales down by 24% in third quarter of 2016