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The number of regulations landlords must abide by has increased by 32% since 2010, new analysis has found. The total number of regulations affecting landlords now stands at 156, up from 118 when the Conservative-led coalition government came to power, the Residential Landlords Association (RLA) said. The RLA is warning that the increased regulation of […]
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Three in ten homebuyers spend more than £5,000 on improving their properties within the first year of owning the home, according to new research. A survey by Sainsbury’s Bank Home Insurance found that 8% of UK homebuyers are spending less than £500 on home improvements during their first 12 months in the property. Just under […]
The post Homebuyers spending over £5,000 on immediate property improvements appeared first on PropertyWire.
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Two in five renters in the UK believe they will never be able to afford to buy their own home, new research has revealed. A study by Halifax and YouGov found that around three in ten private renters in the UK think it is now normal for people to rent for life. The figure falls […]
The post Two in five renters believe they will never be able to buy own home appeared first on PropertyWire.
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The North of England is to receive £30 million of investment to advance the construction of greener housing, the Housing Minister has announced. The £30 million is being directed into Yorkshire, which forms part of the so-called ‘Construction Corridor’, to boost businesses in the region. The funds are being allocated from the Home Building Fund, […]
The post Housing Minister unveils £30 million boost for ‘Construction Corridor’ appeared first on PropertyWire.
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The number of newly built homes submitted to be registered as sold in England and Wales increased by 2.9% in September, the latest official figures show. The data from the Land Registry also shows that there was a 4.2% decrease in the number of freehold sales received for registration. Overall there were 91,459 sales received […]
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Tenants in the private rented sector in England are receiving on average £320 deposit refund because of new tenancy legislation, new figures show. Those renting across England are reaping the benefits of the Tenant Fees Act 2019 which came into force in June. It is leading to an average deposit refund of £320.27 when agreeing […]
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On average, it costs £38,182 to add a loft conversion to a home across Britain, while the average cost of moving from a two to a three bed property is £106,323, some £68,141 more expensive. Looking on a local level, it would cost more in 95.5% of areas in Britain to upsize to a larger […]
The post Renovating can cost UK home owners £68,000 less than upsizing to a bigger home appeared first on PropertyWire.
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The Government has announced more than £250 million of funding for infrastructure that it says will unlock over 20,000 homes nationwide. The investment, from the Housing Infrastructure Fund, will pay for roads, schools, public transport and utilities in seven places across the Midlands, the East of England and South East. Chancellor of the Exchequer, Sajid […]
The post New roads funding announced that will lead to over 20,000 new homes being built appeared first on PropertyWire.
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Property prices in key cities in the UK increased by an average of 2.4% in the 12 months to September 2019 to £258,200, the latest industry index shows. But this is half the average growth rate over the last five years of 4.8%, according to the Zoopla cities house price index powered by Hometrack. The […]
The post Annual price growth in key UK cities now half what it has been over last five years appeared first on PropertyWire.
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This feature is brought to you by The Heaton Group Preston is another of the North West’s growing investment areas. Property in Preston is often cited as having a high rental yield, a fantastic opportunity for new or experienced landlords to take advantage of an investment opportunity that will pay dividends quicker than property bought […]
The post Why invest in Preston? appeared first on PropertyWire.
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