Friday News#073 – 04th of September 2020
We’ve been championing the areas for some time, and recently it’s been highlighted once more, that certain locations in the north and midlands offer an excellent opportunity for investors. Never have they presented such a compelling case as they do now, at a time when many are choosing to relocate, a rising trend that is set to stay.
Investors purchasing with a long term view and plan in place can find excellent investment opportunities that have a bright future ahead – where not only are key regeneration projects in motion but average rental yields are almost 3 times those available in the southeast.
Here’s what we’ve seen in the news this week:
Where to invest in a buy‑to‑let property in the UK: Coronavirus has made many rethink their priorities, opening up new opportunities for investors. With experts predicting house prices could fall by the end of the year, is now really a good time to be investing in property? Read more from The Times.
UK rents rise everywhere barring London: The average rent in the UK is now £985, having risen by 2.1% on last month and 1.5% on last year, HomeLet’s rental index has found. Rents rose annually to August in nearly every region. Read more.
House prices at all-time high, says Nationwide: House prices continued their post-lockdown recovery in August, notching up their highest monthly rise in more than 16 years, says the Nationwide. Prices rose by 2% last month. Read the full article from the BBC.
Record house prices likely to go higher still says leading agent: Record house prices recorded this week by the Nationwide index are set to go higher still according to a leading agent. Nationwide says rose two per cent month-on-month in August after taking account of seasonal factors. Read more.
What is the difference between Guaranteed Rent and Assured Rent: In our latest video release, Oliver and Owen sit down again to talk through Guaranteed and Assured rental options that are offered by management companies, what they mean and what to look out for: Watch the video.