London Falling

6 days ago 0 0 35

Increasingly, statistics reveal that growth is expanding outside London. The focus — be it for housing, jobs, resources, or investment — has moved to buzzing regional cities where business is booming on the back of lower costs and a higher quality of living.  The London housing market is struggling. Nationwide reports that London house prices have fallen for the first time in 8 years, and, at a record drop of 0.6% in September this year, London is the weakest performing region in the UK for the first time since 2005.   Outside London and across the UK, however — despite Brexit and concerns about the economy — prices are still rising, albeit at a slower pace than in recent years. And yet, while London’s house prices may have dropped, they remain unapproachable compared to the cities beyond. To date, house prices charting the most significant increases in England and Wales

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Top 5 Places to Invest in UK Now

2 months ago 0 0 745

News Update: Political turmoil, stamp duty issues and Brexit have an effect on the housing market in the UK this year. Yet, house prices are still on the rise, with the average price of a UK home now 10% above the Aug 2007 peak at £219,266. This is 42% higher than the low point of £154,663 in April 2009 according to Halifax. So, where is the top 5 places to invest in the UK now for great returns?  The key to finding the best places to invest is by observing the infrastructural changes and investments that go into a particular area. We have constantly stressed the importance of this factor to many investors as investments into an area indicate potential developments and expansion, as well as possible job creation. This will increase the number of people coming into an area, which will, in turn, increase the demand for housing. Simple

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UK PROPERTY OUTLOOK 2017

8 months ago 0 0 2186

Housing Shortage Continues to Drive UK Property Market Growth in 2017 Summary Lack of housing in the UK remains the top driver of housing market growth in the UK Property markets in regional cities like Manchester have surpassed London UK student property remains resilient to Brexit, growth predicted to hit £45.8bn by Sept 2017 Brexit effects still muted, international investors have greater appetite for UK real estate   The year 2016 was an eventful one for the UK property market, influenced significantly by changes to the stamp duty and Brexit. While these events will continue to underpin market growth in 2017, the critical lack of housing remains the market’s main driver, supporting property prices. This article highlights the various issues that will dominate the UK property landscape in 2017. Brexit Aftershock – A Final Window of Opportunity The market calmed down fairly quickly following the results of the EU Referendum.

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Gen-Y: The Future of the UK Property Market

1 year ago 0 0 725

Part 1 of our Manchester series underscores research highlighting Manchester as the UK’s no. 1 property investment hotspot in the next 10 years. In Part 2, we discuss why Manchester is poised to have the strongest rental market in the UK. Video credit: Select Property Group According to Savills, demand for rented accommodation has increased by 17,500 households per month over the past decade to 2014. This demand for rented homes is set to rise by more than 1 million households over the next 5 years. The private rented sector in Manchester is slated to boom with over 10,000 new build-to-rent units are due to be built over the next few years. This is due largely to the Mancunian city’s largest concentration of young working adults, i.e. the Generation Y. 7 Reasons Why Generation Y is the Future of the UK’s Property Market – Select Property Group  They do not

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Manchester: Best Property Investment Yields

1 year ago 0 0 870

In Part 1 of our Manchester series, we discuss the facts & figures that make Manchester THE top city for investment in the UK. The numbers don’t lie. Photo credit: Select Property Group The investment landscape in the UK is changing. The focus has moved from London as the go-to destination for investment and the UK’s largest economic gains, to Manchester. With the highest yields and critical undersupply of housing in the Northern Powerhouse on the back of significant investments by the government, Manchester’s growth is just beginning. Today, Manchester is at the top of the league in annual rental increases in the UK and, with a rapidly expanding population comprising greatly of the youngest demographics in the country, Manchester is the best place for property investment. In fact, property advisor JLL has predicted that house prices in Manchester will increase by 26.4% in the next 5 years, with 5.5% growth

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UK Student Property in 2016

1 year ago 0 1 1394

UK student property is the strongest investment platform today, surpassing other traditional real estate classes. In 2015, the UK student property sector saw investments to the tune of £6 billion – twice the amount invested in the sector in 2013 and 2014 combined. Experts say the sector is likely to see more investment in the years ahead. UK Student Property Formerly reserved for institutional investors, UK student property has become one of the most popular investment vehicles to date in the world of property investment. From a mere £500 million in 2010, direct investments in the sector reached £6 billion in 2015, surpassing the £3 billion in 2013 and 2014 combined. More significantly, this marks an increase of more than 300% over the £1.7 billion invested in 2014 alone. Is Growth in the Sector Set to Continue? The answer is yes. The fact remains that there is still an acute

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UK Property Outlook 2016

1 year ago 0 0 953

Summary: Overall positive outlook across the UK, but central London growth subdued. Growth in the Northern cities due to governmental initiative and overall affordability amid high growth Student property remains a good investment option given structural under-supply The year started on a bleak note, no thanks to the current global economic climate. On the property front, the beginning of 2016 in the UK was headlined by policies to be imposed by the Chancellor on home-owners and landlords,such as future tax and stamp duty increases, and the abolition of mortgage income relief in 2017 – all this on top of predictions of a rise in Bank Rates, prompting doomsayers to predict an extreme downturn in the property market with projections stretching to 2021. Read how the rates increase affects the Malaysian investor here But, let’s not get ahead of ourselves. Forecasts are essential in helping the investor strategize, but it is crucial

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Time to Invest in Manchester

1 year ago 0 1 1015

EVERYONE loves London and wants to live in London. That’s understandable: after all, London is one of the world’s most historical cities and the capital of the world’s greatest empires of all time. It is also a cultural epicentre and one of the most exciting places in the world. But #DidYouKnow that Manchester has been named by the Economic Intelligence Unit (EIU) as the best UK city to live in – surpassing London – for the second year running? Manchester has now become the UK’s powerhouse city – its fastest-growing to date, and the largest economic area outside of London with £56 billion gross value added (GVA) whilst London’s annual residential rent growth slows down with property prices hitting an affordability ceiling. We are firm believers that the time has come to invest in Manchester. And here’s why:   3 REASONS TO INVEST IN MANCHESTER 1. Higher rental returns than

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2015 Statistics: Best Buy-to-let Investments in the UK

2 years ago 0 0 855

The ringgit has plunged. You’ve been saving diligently but the value of your savings is a fraction of what it once was. So you’ve decided to take matters into your own hands – you are investing in rental property to hedge against the ringgit (and get something back for your investment!). Best Buy-to-let Investments in the UK Congratulations! A wise decision, indeed.  But, where to invest? Back to basics: invest in property located in countries/locations with stronger currency stronger economy job growth education opportunities This help increases the value and ‘rentability’ of a property. For most landlords with one or two properties, the key to success is capital growth. If the property you invest in grows in value, you will increase your total profits. One market that has remained a haven for property investors is the UK. But, as London property prices soar higher and yields go lower, property in

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