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There has been a rise in the number of landlords in the UK who are planning on purchasing their next property through a limited company vehicle, according to new research. Based on 888 online interviews carried out in September 2019, almost two thirds of landlords plan to purchase their next property through a private company […]
The post Increase in landlords planning to buy through limited company appeared first on PropertyWire.
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Housing Minister Esther McVey MP has unveiled plans for a new expert advisory council dedicated to the digital transformation of the property sector. The PropTech council will advise ministers on how to support and grow the sector further, the Government has said. It added that there would be a particular focus on how technology could […]
The post Housing Minister to form PropTech advisory council appeared first on PropertyWire.
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The Government’s plan to build 200,000 new homes for first-time buyers in the UK has resulted in no homes being built, according to an industry watchdog. In 2014, the Government announced its target to build the “Starter Homes”, which were to be sold at a 20% discount to first-time buyers and aimed at those under […]
The post Government pledge to build 200,000 new homes comes to nothing, watchdog finds appeared first on PropertyWire.
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Two in three property buyers and sellers have been involved in a deal that has fallen through in the last 12 months, according to new research. A survey by reallymoving showed the main reason for failed transactions was buyers and sellers changing their minds (29%). This was followed by a problem discovered on the survey […]
The post Two thirds of property buyers and sellers see deal fall through in last 12 months appeared first on PropertyWire.
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There has been a rise in the number of transactions completed in prime central London across the first nine months of 2019, according to the latest data released by Knight Frank. The estate agent has said it recorded an 11% increase in prime central London transaction between January and September 2019 compared to the same […]
The post Property transactions in prime central London rise in 2019 appeared first on PropertyWire.
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The UK Government has made available a further £4 million of funding to local councils to help them tackle criminal landlords. Housing Secretary Robert Jenrick announced that councils can apply for additional funding to better combat landlords who break the law and provide inadequate service to their tenants. It is an increase on the investment […]
The post Government commits further £4 million to tackle criminal landlords appeared first on PropertyWire.
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Women in the UK are more likely than men to dream of owning their own home but are also less confident they will achieve this goal, a new study has found. The First Time Buyer Index from Aldermore surveyed more than 1,000 prospective homebuyers in the UK. Nearly nine in ten women (87%) said they […]
The post Women more likely than men to dream of homeownership but less confident appeared first on PropertyWire.
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There are just 38 days until the UK public returns to the poll stations. And the build-up to the 2019 General Election on 12 December is, of course, destined to be dominated by Brexit. However, one can also expect the state of the housing sector to feature prominently. From landlord regulations and stamp duty reforms […]
The post Expect property market to feature on parties’ election agenda appeared first on PropertyWire.
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The size of prime London’s luxury build-to-rent sector has grown by 35% in five years, according to new figures. More than half (55%) of tenancies in the city for lettings priced above £2,500 per week are now in properties owned by either build-to-rent developers or professional investors. The survey of tenancy data by estate agent […]
The post London build-to-rent sector grows by 35% in five years appeared first on PropertyWire.
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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 […]
The post Landlord regulations up a third since 2010 appeared first on PropertyWire.
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