Friday News #0121– Strutt & Parker Forecasts 10% Uk Price Growth For 2021

It can be challenging to understand the information that’s constantly put in front of you by the press, with varying and often contradictory figures measuring price growth and activity over varying lengths of time.

Through detailed analysis and thorough research, whether you’re a new investor or a seasoned one, Thirlmere Deacon can provide valuable insight and guidance to those looking for their next investment opportunity.  

Here’s what we’ve seen in the news this week: 

Northern English regions drive house price growth: UK property prices rose by 13.2% in the year to the end of June, the Office for National Statistics (ONS) said – the fastest rise for 17 years. Prices were typically £31,000 higher than at the same time last year. This increase was driven by the North West and North East of England. Read more from the BBC. 

Strutt & Parker Forecasts 10% Uk Price Growth For 2021: BNP Paribas owned Property consultancy Strutt & Parker launches its quarterly house price forecast, doubling its previous quarter prediction of 5% best-case scenario growth in 2021 for the UK to 10%, with a downside risk of 5% growth. Read more. 

Liverpool Gets £30m Urban Development Boost: Steve Rotheram, Metro Mayor of the Liverpool City Region, has announced that up to £30m of funding is available for urban development schemes because of successful investments made by two city region lending funds. Read more.

Happy holidays for luxury London property: Prolonged stamp duty break leads to record sales. Buyers seeking high-end London homes picked up properties in their droves after the government extended its stamp duty holiday earlier this year. Read the latest Prime Property Index from Coutts private bank. 

Meet the Investor with Patience Chinwada: Stuart sits down with long-term client, Patience Chinwada and talks about everything from starting out in property to growing your portfolio. Watch the video. 

Why Is The North Of England Such A Good Place To Invest? In our latest article, we highlight why the North of England should be on every investor’s radar. Read more. 

Download Thirlmere Deacon’s latest Property Investment magazine: Issue #6 July 2021 is now available to download here.