Welcome to our weekly update giving you the key stories, breaking news and topical analysis from the past week up to today, 15 June 2018.
This week, Brexit has once again reared its ugly head as experts predict it will have a negative impact on London’s housing sector. However, there’s good news elsewhere in the market as more people benefit from the government’s stamp duty cuts, while options are opening up for buy-to-let landlords to help them deal with tax changes. Meanwhile, the UK could be set to see an influx of investment from China after a major regulatory change. Read on for seven top stories you might have missed this week…
1. Brexit uncertainty expected to hit London property market hardest
With the date for Brexit now less than a year away, Property industry experts are predicting a difficult time ahead for the London housing market as it could be set to see its first annual fall since the financial crisis. To read the full Article, click here.
2. More buy-to-let landlords switching to limited companies
As landlords continue to look for ways to beat the latest raft of tax changes and stricter lending rules, purchasing buy-to-let properties through a limited company is growing in popularity. To read the full article, click here.
3. Paying for convenience: how supermarkets affect house prices
For anyone investing in a property, looking at what local amenities are on offer is a vital part of the research, and it seems that even the presence of a budget supermarket makes an area more desirable – and bumps up house prices. To read the full article, click here.
4. Improving the home buying, selling and conveyancing process
The home buying and selling process in England and Wales is fundamentally flawed and has come under great scrutiny in the last year, however, this spotlight offers an unparalleled window of opportunity to radically improve the process. To read the full article, click here.
5. First-time buyers flood the market while more homeowners stay put
Aspiring homeowners are making the most of the recent first-time buyer focus from the government, but the second-stepper market has slowed as people hang onto their homes for longer. To read the full article, click here.
6. Maximising mortgage interest tax relief for landlords
As landlords continue to get to grips with the rollout of mortgage tax relief changes as a result of new Section 24 tax rules, some lenders are offering a helping hand to minimise the effects. To read the full article, click here.
7. China could step up UK investment after regulations relaxed in Beijing
After the Chinese government restricted outward investments from the country earlier this year, a new amendment to the rules could provide a much-needed loophole making it easier for Chinese buyers to invest in the UK. To read the full article, click here.
The post Top 7 stories this week in housing and property investment: 15 June appeared first on BuyAssociation.
