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Asking prices up, vendors down, Rightmove surging

The average asking price of a home coming to the market has hit a record high for the second month in a row according to Rightmove. Its ... More...



Interest rates could rise in the new year, warns Bank of England

Bank of England governor Mark Carney has indicated that UK interest rates could rise "at the turn of this year". In a speech at Lincoln Cathedral, Carney ...

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HMRC gives full details of wear-and-tear tax changes

HMRC has revealed the scope of its proposed changes to the wear and tear allowance, as announced in George Osborne’s Budget earlier this month - and ...

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Warning over tactics to avoid BTL tax clampdown

An accountancy firm is warning that there are pitfalls in trying to avoid the higher taxation which will result from the Budget announcement to reduce tax ...

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Brokers enjoy best month since 2008 financial crisis

June was the strongest month for broker mortgage lending since the financial crisis in 2008. Total lending soared 26.5% year-on-year to hit £16.4 billion, according to new ...

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Tenants are on the move to… where?

Wakefield, Coventry, Brighton, Nottingham and Greater London top the list of hotspots where tenants new to the area account for the largest proportion of new tenancies ...

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11 agents fined £37k for not joining redress schemes

Eleven letting agencies in just one city have been fined a total of £37,000 for not being members of any of the three redress schemes. Sheffield council, ...

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Institute for Fiscal Studies slams Osborne's BTL changes

The independent Institute for Fiscal Studies has described the justification given by Chancellor George Osborne for curbing tax breaks for buy to let landlords as “plain ...

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Budget changes could damage property supply, expert claims

Changes announced in last week’s summer Budget could in fact make the UK’s shortage of housing even worse, according to a property investment expert. Simon Zutshi, founder ...

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Some PCL rents up 11% in just three months says agent

The central London sales market dip of recent weeks has directly led to a surge in the lettings sector according to Benham & Reeves Residential Lettings. It ...

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Mortgage demand hits 18-month high, says Bank

Demand for mortgage lending has risen to its highest level since the end of 2013, new figures from the Bank of England show. The Bank’s latest Credit ...

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