Tenant demand for private rental property is plateauing
across the UK, as 45% of landlords report no change during the second quarter
of 2016. Landlords in central London
were the only UK region experiencing a drop in tenant demand, while just over a
quarter of landlords across the UK have seen demand rise. Since last year’s Budget and Autumn
Statement, when wide-reaching changes to the buy-to-let market were announced,
landlord confidence has remained low, particularly in terms of landlords’
prospects for capital gains. Four in 10 landlords have increased rents across
their portfolio over the past year by an average of 4%. Read more on the
Mortgage Solutions website.
California overhauls landmark environmental protection rules
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Governor Gavin Newsom says bureaucratic roadblocks have made it difficult
to build housing in the most populous state
California is overhauling its landm...
10 hours ago
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