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Landlord confidence in their own lettings business has reached a record low, with just 29% saying their expectations for the next month is good or very good. The data from the National Landlords Association (NLA) shows that this is the lowest level since its landlord survey began in the fourth quarter of 2006. It points […]
The post Landlord confidence has dipped to lowest point since 2006 appeared first on PropertyWire.
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The Property Ombudsman (TPO) has expelled six agents who failed to comply with parts of the TPO Codes of Practice and have not paid subsequent awards made by the Ombudsman. Whilst some of the agents appear to have ceased trading, others have re-opened trading under the same name but with different directors with all complaints […]
The post Property Ombudsman expels agents over non-compliance and failure to pay awards appeared first on PropertyWire.
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The residential housing market in Portugal is still struggling for momentum as key activity indicators covering demand, sales and instructions all remain in negative territory, according to the latest analysis. However, conditions are a little firmer in the lettings market, with demand continuing to rise and this is expected to push rents slightly higher over […]
The post Sales market activity continues to slow in Portugal appeared first on PropertyWire.
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Tenants in private rented housing are bearing the brunt of the Government’s focus on boosting home ownership at the expense of the rental market, according to a landlord organisation. The Residential Landlords Association points out that the latest figures from the Royal Institution of Chartered Surveyors (RICS) show that there has been a fall in […]
The post Government is boosting home ownership at expense of PRS, it is suggested appeared first on PropertyWire.
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Many estate agents are not taking into account the impacts that Brexit is having on the property market, making asking prices too high, it is claimed. An analysis of 65,384 property sales between August 2018 and August 2019 by house selling firm Property Solvers shows that the average differences between asking prices on Rightmove and […]
The post Analysis looks at difference between asking and sold prices appeared first on PropertyWire.
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Two in five home owners in the UK would rather build an extension than move house after changes in planning law, new research has found. Some 35% say they would re-mortgage their home in order to afford an extension and 80% think that new planning laws will make disputes within neighbourhoods more likely. Overall the […]
The post Building an extension becomes more popular due to planning law change appeared first on PropertyWire.
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Gone are the days when you automatically go to a High Street bank to get a mortgage. There is a more diverse range of options these days but this does not mean that more choice is necessarily making it easier for borrowers. Indeed, it can be a bit confusing as mortgage experts are everywhere. There […]
The post Opinion: More caution is needed in the mortgage market appeared first on PropertyWire.
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Borrowers will be able to take out new mortgages in their early 80s after a specialist lender launched new deals to meet demand from older customers. Finance company Together has today started offering new mortgages which go up to an applicant’s 85th birthday. As the shortest mortgage the lender offers is over a three year […]
The post New mortgage deals announced for those aged up to 85 appeared first on PropertyWire.
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National weekly rents in Australia increased by 0.3% over the second quarter of 2019, slower than the 1% increase the previous quarter and level with rental growth over the June 2018 quarter. The latest rent review from CoreLogic also shows that capital city rents were 0.1% higher over the quarter and 0.1% lower year on […]
The post Rents in Australia more or less static in second quarter of 2019 appeared first on PropertyWire.
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The average rent in the UK increased by 2.3% in the year to July 2019 to £959, with growth covering all regions, the latest lettings index shows. When London is excluded, the average rent in the UK is now £794, up 2.2% on last year and the growth is in line with inflation, according to […]
The post Average rents in UK up 2.3% year on year, led by South West appeared first on PropertyWire.
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