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Campaigning association calls for buy to let change in March Budget

A campaigning landlord organisation is calling for UK Chancellor Philip Hammond to scrap planned changes to taxation for the buy to let sector in his forthcoming March Budget. The Residential Landlords Association (RLA) said that the UK should follow the example of Ireland by scrapping planned changes to mortgage interest relief or, at the very […] The post Campaigning association calls for buy to let change in March Budget appeared first on PropertyWire . Continue reading

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Number of first time buyers in UK rises as buy to let purchases fall

The number of first time buyers in the UK housing market increased significantly in the last 12 months as purchases by buy to let landlords fell, new research from surveyors shows. In January first time buyer valuations surged to a third of housing market activity, up from 25% at the beginning of 2015 while landlords […] The post Number of first time buyers in UK rises as buy to let purchases fall appeared first on PropertyWire . Continue reading

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Rents in England and Wales increased by 2.2% in 2016, latest buy to let index shows

Rents across England and Wales increased by 2.2% year on year in December, ending the year higher than they started in most areas, the latest buy to let index shows. They increased the most in the East of England and the South East but in London they ended 2016 just £10 per month higher than […] The post Rents in England and Wales increased by 2.2% in 2016, latest buy to let index shows appeared first on PropertyWire . Continue reading

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