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Viewing entries tagged with 'property market uk'
In a year of uncertainty for the UK’s housebuilding sector, the Construction Products Association’s forecasts for UK construction activity have been downgraded.(1)
In recent years, landlords have been hit by a number of tax and regulatory changes. This has caused some property investors to look outside of the buy-to-let market towards other types of investment.
According to the Office for National Statistics, the number of households in the private rented sector in the UK rose from 2.8 million in 2007 to 4.5 million in 2017. That’s an increase of 1.7 million (63%) households.
The year after the referendum, the rate of house price growth fell everywhere in the UK except Scotland.
Currently, millions of pounds are being spent on ambitious and innovative regeneration projects across the country.
At present, it’s the landlord’s responsibility to vet their tenants to check they have the legal right to rent in the UK under a Government scheme.
The new tax year started on 6 April, and with it brings some changes that will affect property investors.
The Government’s plan to ban no-fault evictions has been in the news this week.
A joint venture is when resources or skills, or both, are pooled together on a particular project.