The UK property market has taken considerable strides forward over the past 12 months, the North West region, in particular, has experienced the largest increases.
Whilst the forecasts and predictions are varying in exact figures, certain areas are unanimously predicted to see superior growth rates moving forward when compared to the rest of the country.
To learn more about exactly where you should be focusing on purchasing investment property over the coming months get in touch with a member of the team on +44 (0) 203 950 7939.
Here’s what we’ve seen in the news this week:
House Prices Forecast To Rise 35% In The First Five Years Of The 2020s… As The North West Records The Highest Property Inflation In The Pandemic: The average property price could still grow by up to 7 per cent in 2022, according to one forecast – as separate research revealed that Merseyside and Lancashire towns have seen the biggest collective price growth since the pandemic began. Read more.
Covid Impact On Landlords And Renters Far Less Than Feared: A series of online interviews with landlords suggests far fewer of them have been seriously impacted by the Coronavirus pandemic than had been feared. Research on behalf of Foundation Home Loans shows that only one per cent of landlords actually expect to lose their business as a result of Covid-19, while at the other end of the spectrum some 64 per cent say the pandemic will have had little or no impact on their business. Read more.
How Landlords Can Save Money On Their Properties: buy-to-let tax loopholes and tips: The stamp duty holiday may have ended in October but buy-to-let investors have a new incentive to buy now and restructure their portfolios quickly. Landlords narrowly skirted another stamp duty tax blow in Chancellor Rishi Sunak’s Budget. The Government has signalled that further stamp duty rises for investors could be in the pipeline. Learn more.
Will Uk House Prices Fall As Interest Rates Rise? While rates are expected to rise over the next year, forecasts about price growth vary from a slowdown to an outright contraction. See the research from the Financial Times.
How To Make Money From Property In The UK: In our latest blog, we highlight the different ways investors can make money from property in the UK. Read more.