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UK property industry disappointed that letting agents not included in money directive

The UK property industry believes that a decision by the Government not to include letting agents in its proposals for legislation to meet the requirements of the fourth Money Laundering Directive is wrong. There are several elements of the consultation on the directive that are likely to have an impact on the property sector and […] The post UK property industry disappointed that letting agents not included in money directive appeared first on PropertyWire . Continue reading

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Saving for a deposit continues to be biggest obstacle for UK first time buyers

Saving for a deposit is still the biggest obstacle for first time buyers in the UK with 26% saying that they will need to borrow from their parents to do so, new research has found. Some 46% of first time buyers believe that the issue of rising house prices should be addressed as it is […] The post Saving for a deposit continues to be biggest obstacle for UK first time buyers appeared first on PropertyWire . Continue reading

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Most landlords in UK understand regulatory and tax changes

Two thirds of buy to let landlords in the UK understand that their ability to offset mortgage interest payments against tax is being scaled back by the government, new research has found. Almost one in five plan to raise rents to alleviate the effects and one in 10 say they are planning to exit the […] The post Most landlords in UK understand regulatory and tax changes appeared first on PropertyWire . Continue reading

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