Newcastle is the capital of the North East. With its population of roughly 1.7 million Tyneside has a very rich and diverse property market. Newcastle is a city filled with many business parks, this means there are a lot of people living and working in this area who will need to rent somewhere to live. […]
Estate Agent today reported that the price of houses in the UK will remain high because a “structural decline” means fewer homes are being sold and let, thus fuelling an excess of demand over supply. That is the view of Barclays analyst Jon Bell, whose note to investors claims that UK home sales reached a […]
‘Stamp duty must be cut as a matter of urgency’ declares Jacob Rees-Mogg as he want’s the Conservative party to return to is values in a bid to help them win the next election. While writing for The Telegraph, Mr Rees-Mogg condemned Prime Minister, Theresa May, for lacking inspiration, while also denying speculation that he […]
‘We should reconsider the way we treat private landlords who buy houses to rent’ said Mr Duncan Smith while writing in Conservative Home (A Conservative news website). He has also called on The Prime Minister to scrap the move to phase out tax relief on buy-to-let mortgages. The Conservative party’s treatment of landlords has, for […]
A lending trend data released by the Council of Mortgage Lenders has clearly indicated the general countrywide decline in Buy to Let Purchases, in particular since the introduction of a stamp duty surcharge last April. Whilst demand for our main market for buy to let properties in the North of England remains strong, nationally far […]
Buy-to-let homebuying activity is “nearly half what it was a year ago” and has averaged around 6,000 purchases a month over the last 12 months, said the body, which represents banks and building societies. The number of landlord purchases involving a mortgage was 5,300 in April this year. This compared with 10,300 in February 2016 […]
