UK Property Prices Rise in December UK Property Prices Rise in December. The latest figures from the Halifax reveal that the UK house price average rose by 1.7% in December; adding nearly £4,000 to the average house value. The rise takes 2016 increase to 6.5%. Therefore, pushing ratio of prices to earnings to just shy [...]
Weak Pound Means it’s time to Invest in UK Property Since June 23rd, when the UK decided they would exit the European Union; there has been a strong weakening of the Great British Pound. The falling pound was accelerated by Prime Minister Theresa May’s announcement that Article 50 would be invoked in March 2017. Therefore [...]
Manchester has the fastest rising property prices in the UK Manchester has the fastest rising property prices in the UK recording a growth rate of 8.8 per cent. London slipped to tenth place with 5.6 per cent. Manchester had an 8.8 per cent annual price growth on the back of a more than 40 per [...]
Monthly Property Sales Transactions Reaches 10 Year High New data reveals that Monthly property sales transactions reaches 10 year high in February of this year. Proving that Brexit is having little impact on sentiment in the UK property market. However, sales to first time buyers fell, according to the latest figures. The data from the [...]
U.K. Property Lures Middle-East Buyers on Pound Brexit Slump U.K. Property Lures Middle-East Buyers on Pound Brexit Slump - By Jack Sidders / Bloomberg | February 7, 2017 9:24 AM MYT Middle East investors, benefiting from a weak pound and rising oil prices, increased their spending in U.K. commercial property even as Brexit prompted buyers [...]
Asking Prices Rise Asking Prices Rise across England and Wales by 1.3%, or £3,877 in the last month. The is equal to the jump seen in March 2016; during the rush on the market caused by buy-to-let investors rushing purchase ahead of the impending stamp duty rise. Latest data from Rightmove for March 2017 is [...]
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 [...]
UK Property Market Forecast 2017 UK Property Market Forecast 2017, How will house prices change this year & What areas will see the biggest growth? This year, the UK is set to begin formal negotiations with the European Union about Brexit. Creating uncertainty around the housing market in 2017. What will happen to UK house [...]
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 [...]
UK regional property markets well positioned to handle ‘Brexit’
UK regional property markets well positioned to handle ‘Brexit’
Hanover Square Real Estate July 3rd, 2017|Commentary|
UK regional property markets well positioned to handle 'Brexit' Investors and property buyers have been speculating on the how the impending triggering of article 50 and subsequent exiting of the EU, will affect the UK housing market. Latest reports suggest that UK Regional Property Markets Well positioned to handle Brexit We have seen the UK [...]