UK Interest Rate Cut The UK interest rate cut has lowered the Bank of England base rate from 0.5% to just 0.25%. This cut is a new low for the base rate which has been 0.5% for seven years and now we look at how this will affect savers, borrows and the property market. For [...]
Brexit Effects on UK Property Market. The UK’s vote to leave the European Union came as a shock to many. Brexit has had a large impact on international markets immediately after the result was announced with the pound falling to a 31 year low against the dollar. The initial reactions and opinions show a mixed [...]
UK Vote to Leave the EU | What does it Mean for the Property Market? UK Vote to Leave the EU | What does this mean for the UK property market? Cheaper pound lures overseas property investors from the Middle East and Asia. The results are in. The UK Vote to Leave the EU | [...]
House Prices Rise Despite 'Brexit' Fears UK house prices rise despite 'Brexit' fears suggests the latest data from Halifax Bank. The Halifax report indicates that the house prices in the UK are remaining strong ahead of the EU referendum. In Halifax’s monthly house price index, Halifax said the average house price actually rose by 1.4% [...]
Rental Demand in Manchester Rental Demand in Manchester is soaring, it is now reported that nearly 30% of housing in Manchester is privately rented. The market is in high demand and the under-supply of private rented accommodation is expected to rise by up to 40% over the coming 10 years. The UK’s 2nd city, is [...]
Where to Invest? Looking for a stable and low risk investment option? The options can be endless and confusing, there are a number of expatriates who are looking for investment options and are unsure where to invest their money. The political instability and depressed oil prices creating uncertainty in the MENA Region and Middle eastern [...]
Second Home Ownership in the UK Rises The Number people who own of Second Homes in the UK has risen by 30% since 2000. One in 10 adults in the UK owns multiple houses, which highlights the growing generational divide in the nation's property market. According to thinktank the Resolution Foundation, the proportion of adults [...]
Property Values Still Up from Last Year Halifax house price index: Property values are stagnent - yet Property Values Still Up from Last Year Halifax released their house price index for June 2017, and their results show house prices are dropping. However they are still higher than at the same time last year. House prices [...]
Effects of Brexit One Month After
Effects of Brexit One Month After
Hanover Square Real Estate September 10th, 2017|Commentary|
Effects of Brexit One Month After There was and still is some uncertainty surrounding the effects of Brexit one month after now since the UK voted to leave and invoke article 50. Accurately measuring what impact the vote will have will take some time due to the complexity of collating and data processing. As the [...]