UK House prices set to rise for the next 50 years, continuing to outstrip incomes, warns ex-Bank of England economist UK House Prices Set To Rise For The Next 50 Years; continuing to outstrip the average income which won't keep pace with the escalating cost of housing. Therefore, the continued property price rise will put [...]
City Homes Least Affordable Since 2008 as Wage Growth Lags City Homes Least Affordable Since 2008 as Wage Growth Lags. By Lucy Meakin | Bloomberg | 25 February 2017, 04:01 GMT+4 The affordability of a home in U.K. cities is the worst in almost a decade, with the average house price nearly seven times annual [...]
Why Invest in the UK Property Market? Many Property Buyers are considering where to put their hard earned capital. Therefore, here we consider the key questions, so, why invest in the uk property market? Investing in UK property has been one of the most popular forms of investment in the UK for many years. Recently [...]
Currency Update: Pressure on the Pound Continues Currency Update: Pressure on the Pound Continues. On the 20th March, the government has confirmed that Theresa May intends to trigger Article 50 next Wednesday, March 29th, which will be the beginning of the end of the UK's EU membership. With the triggering of article 50 now confirmed [...]
Manchester has the fastest rising property prices in the UK Manchester has the fastest rising property prices in the UK recording a growth rate of 8.8 per cent. London slipped to tenth place with 5.6 per cent. Manchester had an 8.8 per cent annual price growth on the back of a more than 40 per [...]
UK continues to attract foreign investment, as Qatari government declares it will invest “£5bn in the UK” over next 5 years. The UK continues to attract foreign Investment; Qatar's Finance Minister pledging 5 billion pounds ($6.3 billion) of investment in Britain over the next three to fiver years. Therefore signalling a significant show of support [...]
Monthly Property Sales Transactions Reaches 10 Year High New data reveals that Monthly property sales transactions reaches 10 year high in February of this year. Proving that Brexit is having little impact on sentiment in the UK property market. However, sales to first time buyers fell, according to the latest figures. The data from the [...]
Average UK House Price Rises 5.8% in the year to February Average UK House Price Rises 5.8% in the year to February. Therefore, putting the average value of a home now at £217,502 latest official figures show. This was up from 5.3% in the year to January 2017 but still remain below the average annual [...]
U.K. Property Lures Middle-East Buyers on Pound Brexit Slump U.K. Property Lures Middle-East Buyers on Pound Brexit Slump - By Jack Sidders / Bloomberg | February 7, 2017 9:24 AM MYT Middle East investors, benefiting from a weak pound and rising oil prices, increased their spending in U.K. commercial property even as Brexit prompted buyers [...]
Annual House Price Growth Remains Broadly Stable 4.3%
Annual House Price Growth Remains Broadly Stable 4.3%
Hanover Square Real Estate July 5th, 2017|Commentary, UK House Prices, UK Property News|
Annual house price growth remains broadly stable at 4.3% The annual rate of house price growth remained "broadly stable" at the start of 2017 at 4.3%. Therefore, just below the growth rate in December of 4.5%, according to the latest Nationwide house price index. House prices increased by 0.2% over the month, after taking account [...]