3 warnings for investors in the UK

In 2018, the real estate sector in the UK fluctuated. Many investors have been hesitant in the Bretix process. Well, what will be the real estate sector in England in 2019? Here is advice for UK investors … According to investment agencies, the UK government has reduced the stamp duty and reduced the mortgage tax, …

RICS : Lack of choice for new buyers hampering UK housing market as sales decline

According to the RICS survey, momentum is continuing to ebb in the UK housing market as sales dip slightly and buyer interest remains flat in April. The results show that new instructions continue to drop. Anecdotal evidence cites a lack of choice, uncertainty due to the calling of an early election and the ramifications of …

HIA : Foreign investor tax a retrograde step for Western Australia

The imposition of any stamp duty surcharge on foreign investors would be a retrograde step for the WA economy and a missed opportunity to differentiate WA from the rest of Australia in terms of property investment and would hit local tenants. “Foreign investment in new residential property enables more homes to be built,” said John …

UK gross mortgage lending stable in July, says CML

Gross mortgage lending held steady in July and was an estimated £21.4 billion, according to the Council of Mortgage Lenders. This closely matches June’s gross lending total of £21.5 billion and is 1% lower than July last year (£21.6 billion). Commenting on market conditions in this month’s market commentary, CML chief economist Bob Pannell said: …