UK Rents Predicted to Rise It is Anticipated that rents across the UK are predicted to jump 25% over the next five years & that House Price will rise 20%. RICS said landlords are likely to increase their rents as they scale back on their portfolios. Changes made to the tax system, have made, The [...]
What Does The General Election Mean For The Property Market Theresa May has called a snap General Election. Only 2 Years on from the last conservative victory. 2020 was the expected date for the next general election. However, the election can be held earlier, provided that two-thirds of MPs back the move under the Fixed [...]
Property asking prices reach record high The UK Property Market remains resilient, and has proved the referendum fears of a slump unfounded. Recent figures indicate that sellers’ Property asking prices reach record high of over £313,000 on average in April. The average asking price on a property listed for sale increased by £3,547, in England [...]
Demand for UK Property Rises But Property London Demand Drops National property demand in the UK has increased by 3% overall since the first quarter of the year but it is down by 2% in London, the latest hot spot index shows. The stamp duty hike in April of this year created a whirlwind of [...]
London’s Rising house prices are driving people out of the capital The number of people in their thirties leaving the capital has jumped dramatically in the last year new analysis shows, the trend coincides with London's rising house prices. Data from the campaign group Generation Rent, showed that the net outflow of people in their [...]
UK Rental Demand: The number of Renters Rises as Home Ownership Falls Home ownership in England has fallen substantially in recent years and has now reached its lowest level in 30 years. As less people own their property UK rental demand rises. Due to property prices continuing to rise faster than wages the task for [...]
UK House Prices Rise according to latest data from the Office for National Statistics & UK Land Registry. And house prices are likely to continue to rise long term due to the insufficient housing stock. The UK missed house building targets by 1.2m since 2004, according to Yorkshire Building Society. UK House Prices Rise According [...]
UK Property Market Resilient After Brexit Vote The UK property market proves resilient in the wake of the EU referendum result. The UK remains an attractive place to invest underpinned supply and demand imbalance. The Fall in the value of sterling has only increased appeal from international investors. Summary: UK property asking prices has experienced [...]
Build To Rent Build to rent - a new concept for a new generation How will Build to Rent affect the UK's growing number of renters? Well, the UK’s property market has long been characterized by demand high demand for residential rental property, soaring property prices which have outpaced the rate at which salaries have [...]
How Will Starting Brexit Negotiations Affect the Housing Market?
How Will Starting Brexit Negotiations Affect the Housing Market?
Hanover Square Real Estate May 1st, 2017|Commentary, UK House Prices, UK Property News|
How Will Starting Brexit Negotiations Affect the Housing Market? How Will Starting Brexit Negotiations Affect the Housing Market? The UK property market will not see any sharp decline because of the formal start of the Brexit Negotiations. During the 2 year period, the UK will negotiate trade deals. May will look to secure deals to [...]