tax

One in four sales in UK was a buy to let or second home in third quarter of 2016

One in four properties bought in the UK in the third quarter of 2016 was a buy to let or a second home, new figures from the tax department show. The introduction of an extra 3% stamp duty charge on additional home in April of this year has enabled figures to be published for the […] The post One in four sales in UK was a buy to let or second home in third quarter of 2016 appeared first on PropertyWire . Continue reading

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Residential rents up 5.4% a year in Scotland with yields at 5.9%

Edinburgh and the Lothians have the highest residential rents in Scotland with overall values up 5.4% in the last 12 months, according to the latest index figures. This means that the average property in Scotland lets for £576 per month and the Your Move buy to let index also shows that rental yields continue to […] The post Residential rents up 5.4% a year in Scotland with yields at 5.9% appeared first on PropertyWire . Continue reading

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More US home owners putting property on market as is due to rise in demand

Rising home prices and lack of supply mean that people selling their home in the United States are less likely to do it up first, putting it on the market as it is rather than taking the trouble to make it more presentable, new research suggests. As a result there are 12% more fixer upper […] The post More US home owners putting property on market as is due to rise in demand appeared first on PropertyWire . Continue reading

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