Property news
Coventry’s average house price could rise as a result of parents of students buying second homes or buy-to-let properties for accommodation for their children. Coventry University and Warwick University are both based in or near the City and have seen their reputation and student numbers grow in recent years. In terms of rankings both Universities…
New stealth property tax changes came into force recently. From 5 July 2016 profits from selling UK property can be subject to income tax at up to 45%, rather than CGT (capital gains tax) at 18% or 28%. This change could affect Buy to Let investor landlords and people renting out their property. The increased…
Foster Lewis and Co have an instant valuation tool available that enables you to get an indication of how much your property may be worth based on current property values in your local area. The tool is free to use and provides an instant valuation for sales or letting based on your location. You have…
Coventry house prices and across the UK are affected by many factors. Business confidence and the state of the economy affect decisions on interest rates. Also mortgage provider’s willingness to lend is based on how they view their chances of getting the money repaid. If they think the long term outlook is positive then they…
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