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Rents up by almost 5% year on year in Scotland in February, latest index shows

Private sector rents in Scotland increased by almost 5% in the 12 months to February 2017, taking the typical rent to £575 per month, the latest index shows. Overall rents were up by 4.9% but the buy to let index from Your Move suggests that demand is falling and this has resulted in rents falling […] The post Rents up by almost 5% year on year in Scotland in February, latest index shows appeared first on PropertyWire . Continue reading

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March dip in UK house prices seen as a blip and not a trend

House price growth in the UK slowed in March with the latest index figures showing that values fell by 0.3% and annual growth was down to 3.5% taking the average price to £207,308. The data from lender the Nationwide also shows that there has been some convergence in terms of regional price growth with the […] The post March dip in UK house prices seen as a blip and not a trend appeared first on PropertyWire . Continue reading

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Lettings agent association warns of economic impact of fees ban in England

The proposed ban on letting agent fees in England will cost tenants who stay in properties the longest hundreds of pounds, it is claimed. According to the Association of Residential Letting Agents (ARLA Propertymark) it is loyal tenants who will be hit the hardest but it also believes that there are 4,000 jobs at risk […] The post Lettings agent association warns of economic impact of fees ban in England appeared first on PropertyWire . Continue reading

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