Jump to content
House Price Crash Forum

Search the Community

Showing results for tags 'Front'.

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • House Prices
    • House prices and the economy
    • Regional House Prices
    • All about renting
    • Anecdotals
    • All about self-build
    • All about buying, selling and mortgages
    • The classics
    • Market psychology
    • Economics
    • House Price Crash photo gallery
  • Current Affairs
    • Current affairs
    • Politics
    • Living overseas
  • Investment
    • Cash ISA's and Savings Accounts
    • Investment in general
    • Financial markets
    • Overseas property investment
    • Gold and other precious metals
  • About housepricecrash.co.uk
    • housepricecrash.co.uk in the media
    • About housepricecrash.co.uk
    • Ideas and Suggestions for Admin
    • Wiki Discussions/Ideas
  • Trolls
    • Troll sub-forum
  • Off Topic
    • The off-topic forum

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


AIM


MSN


Website URL


ICQ


Yahoo


Jabber


Skype


Location


About Me

Found 1 result

  1. http://www.bbc.co.uk/news/business-35154420 Rent rises could soon outpace house prices, warn surveyors By Brian Milligan Personal Finance reporter The cost of renting in the UK could rise faster than house prices over the next five years, surveyors have warned. At the end of that period tenants could find themselves having to pay at least 25% more than they do now, according to the Royal Institution of Chartered Surveyors (Rics). Simon Rubinsohn, Rics chief economist, blamed government moves to discourage buy-to-let landlords. "In the long run I'm concerned that rents might increase rapidly," he said. However, he predicted that house prices would continue to rise faster than rents in 2016. According to Rics estimates, house prices will increase by 6% next year, and rents by 3%. Rental 'strain'Over the longer term, the Rics survey suggests rents could rise by an average of 5% each year for the next five years. House prices, it predicts, could rise by 4.7% a year. The government has announced a series of measures to promote home ownership, but is introducing tax changes that will make life harder for landlords. From 2017, they will be able to claim less tax relief on their profits. And from April 2016, they will have to pay a higher rate of stamp duty. "Critically our principal concern with the measures announced by the government is that they are overly focused on promoting home ownership, at the expense of other tenures," said Mr Rubinsohn. "Discouraging buy-to-let could see private rents take even more of the strain." However, he welcomed the government plans to build more homes for sale, saying that could help ease house price growth. Rics predicts that East Anglia is the region likely to see the fastest growth in house prices in 2016, at 8%, while the West Midlands and the South East will also outperform the market. However, the North East of England is expected to see the slowest growth, at 3%. They are probably correct though : (
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.