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Wednesday, May 30
Demand still outstripping supply
by
Jet-to-Let Magazine
on Wed 30 May 2007 16:10 BST
Regionally, Greater London saw the biggest rise in property supply with a 14% increase of properties going onto the market, whilst Wales saw the greatest drop of 5%. These regional variations may be contributed to the recent interest rate rise that helped stabilise the South East and Greater London property ... more »
Rate rises damp Eurozone mortgage lending
by
Jet-to-Let Magazine
on Wed 30 May 2007 16:06 BST
Mortgage lending growth in the 13-country eurozone has slowed to the lowest for more than three years as higher interest rates begin to bite, according to European Central Bank figures. The steady deceleration in lending for house purchases over the past year will cheer the ECB, which has been wary ... more »
City fears interest rates at 6% this year
by
Jet-to-Let Magazine
on Wed 30 May 2007 16:03 BST
The City was last night braced for two further increases in interest rates to 6% by the end of the year after the Bank of England signalled that continued robust growth in the economy would lead to higher borrowing costs.
RICS calls for planning reforms
by
Jet-to-Let Magazine
on Wed 30 May 2007 15:57 BST
Ahead of the UK government's White Paper on planning, RICS has called on them to push their sustainability agenda in the built environment by reforming the planning system. RICS believes that all new development proposals should be given a sustainability rating which integrates environmental and social value as well as ... more »
Irish house-building boom steadies
by
Jet-to-Let Magazine
on Wed 30 May 2007 15:54 BST
Much has been said of late about the level of housing development in Ireland, with some concerns being expressed as to whether Ireland’s housing market is oversupplied. There is no doubt that Ireland has enjoyed a very buoyant period of expansion in recent years, significantly ahead of our European counterparts.... more »
Taxman warns landlords over buy-to-let bill
by
Jet-to-Let Magazine
on Wed 30 May 2007 15:52 BST
Officials from the Revenue & Customs department warned that an estimated 80,000 landlords could be liable to pay extra tax on their buy-to-let rental income - many because they have incorrectly assumed that they can offset the full cost of a repayment mortgage against their profits for tax purposes. "We ... more » |
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