Direct Property News

December 5, 2016
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Landlords adapting to change in UK but rents will rise as a result

Private rented sector landlords in the UK are adapting to changes brought on by the Government but rents are set to rise as a result, a new analysis report suggests. Buy to let landlords have seen changes to stamp duty which means now paying an extra 3%, have to carry out immigration checks on new tenants, face tougher lending conditions in the New Year and then tax changes in April 2017.
December 5, 2016
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Regional property offers best investment promise in post-Brexit Britain

Foreign investors are shifting their interest away from London and are now looking to invest in Britain’s more regional markets, a regional investor has revealed. As London’s property is becoming more and more expensive, foreign investors – especially from the Middle East – are checking out the regions for better returns.
December 2, 2016
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Landlords adapting to change in UK but rents will rise as a result

Private rented sector landlords in the UK are adapting to changes brought on by the Government but rents are set to rise as a result, a new analysis report suggests. Buy to let landlords have seen changes to stamp duty which means now paying an extra 3%, have to carry out immigration checks on new tenants, face tougher lending conditions in the New Year and then tax changes in April 2017.
December 2, 2016
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UK Property Market Bucks the Seasonal Trend

The UK property market has bucked the traditional seasonal trend usually seen at this time of year, according to Agency Express’ Property Activity Index for November. During November, it is typical to experience a slowdown in activity in the UK property market as we head for the Christmas period. However, last month’s figures show unseasonal strength – new property listings dropped by just 4.7%, compared to 12.2% in 2015, while the number of properties sold fell by 1.8%, compared with 14.7% last year. Reviewing its historical data, Agency Express reports that the UK property market has not experienced this level of activity since 2013. Across the UK, 11 of the 12 regions included in the index…
December 1, 2016
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Research reveals the costs of setting up as a buy to let landlord

More than one in five, some 21% of UK landlords have to wait longer than four months before signing up their first tenants, according to new research into buy to let purchasing. But 53% of landlords have paying tenants within a couple of months of completing their first buy to let but for other delays can pile the pressure on their finances, says the report from the Nottingham Building Society.
December 1, 2016
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The Autumn Statement’s impact on the UK’s property market

When it comes to politics and regulations and their influence on the overall economy and property market, the devil is, as per usual, in the detail. Whilst we are not trying to cover every comment, bulletpoint or improvement Mr Hammond has made in his first statement, one week on we wanted to have a closer look at what all of this means for the country’s property market. London’s new housing fund Housing and London have always had a very impressive “love hate relationship”. Wages across the City vary so widely and property is in such great demand that the Government’s announcement to put aside £3.15bn to build 90,000 new homes in London has been greatly celebrated.…
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