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So far Hanover Square Real Estate has created 50 blog entries.

House Prices Rising Fastest In Manchester

May 9th, 2017|Commentary, UK House Prices, UK Property Market Update|

House Prices Rising Fastest In Manchester House Prices Rising Fastest In Manchester; with annual growth of 8.8% and quarterly growth of 3.4% compared to the national average values up by 6.4% year on year and 3.5% in the first quarter of 2017. with average values up by 6.4% year on year and 3.5% in the [...]

Chinese Property Investors Keep Buying UK Property Despite Brexit

May 4th, 2017|Commentary, Property Market Commentary|

Chinese Property Investors Keep Buying UK Property Despite Brexit Recent data suggests Asian investors still have a strong appetite for investing in UK property. Despite concerns created by Brexit and the forthcoming general election. A recent report by JLL, has confirmed that Asian investors accounted for a staggering 28% of UK property transactions in 2016. A [...]

What Does The General Election Mean For The Property Market

May 1st, 2017|Commentary, UK Property News|

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 [...]

Rising house prices are driving people out of the capital

November 13th, 2016|Property Market Analysis|

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 Rises as Home Ownership Falls

November 13th, 2016|Property Market Analysis, UK Property News|

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 [...]

Buy to let Investment Rush

November 13th, 2016|Property Market Commentary, UK Property News|

Buy to let Investment Rush The Stamp duty dead-line on the 1st of April has caused a Buy to let Investment Rush. Solicitors have been working round the clock over the Easter weekend to get transactions completed before the new tax increases. Buy to let investors have been active and have been acquiring properties at a frantic rate as agents report an increase in enquiries. There has been an uplift in the number of people wanting to move quickly to get the deals concluded before Friday’s stamp duty deadline. The Buy to let Investment Rush drove the property market demand to a 12-year high in February, consequently it was also recorded that first time buyer transactions fell during this time. Many being gazumped by cash buyers and buy to let investors quick off the mark. The latest housing market report from the National Association of Estate Agents (NAEA) showed that 85% of estate agents reported noticeable increase from buy to let investors. As the demand soared there were on average 463 houses hunters registered per branch, the highest since August 2004. The average number of agreed sales per branch completed in February, was up from the number recorded January. Less than a quarter of recorded sales were to first-time buyers in February due to the Buy to let Investment Rush. The demand was coming largely from investor buyers, which increased competition for an already stretched housing stock. NAEA managing director Mark Hayward said: “It is evident from February’s report findings that we’ve seen a real sense of urgency from landlords trying to complete on sales ahead of the stamp duty reforms.” From April 2016, the outlook should pick up for 1st time buyers, with less demand from the time pushed investor market. The new schemes available for like the Help to Buy Isa, Help to Buy scheme and the new Lifetime Isa should help the so called “generation rent” young first time buyers. These measures will stand to bridge an affordability gap. However, the crux of the problem though is that there is issue with the supply of housing stock, and until more homes are built then we will continue to see prices rising. […]

Demand for UK Property Rises But Property London Demand Drops

November 13th, 2016|Property Market Analysis|

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 [...]

UK House Prices Rise: New Data from ONS & Land Registry

November 13th, 2016|UK House Prices|

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

November 13th, 2016|Commentary, UK Property News|

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 [...]

An exit vote could spike International investment in UK property.

November 13th, 2016|International Investor News, Property Market Commentary|

An exit vote could spike international investment in UK property. An exit vote could spike international investment in UK property Overseas property investors primarily from the Middle East and Asia, are readying to flood into the UK property market if the UK public vote to leave the UK. It is anticipated that the international property [...]