Month: June 2016

Has Brexit just created a huge UK investment opportunity?

Has Brexit just created a huge UK investment opportunity? Amid much of the immediate uncertainty created by Britain's vote to leave the EU, has there ever been a more opportune moment to invest in UK real estate? Historic. Momentous. Significant. It may have only swung on a narrow margin, but the UK’s vote to leave the European Union (EU) represented a landmark moment in... Read more »

Guide: What does Brexit mean for UK property investment?

Brexit. An opportunity to improve the shape of the UK real estate industry? Thursday June 23rd 2016 will go down as one of Britain’s most defining political moments for a generation. A 51.9% majority of the UK’s population voted for the country to leave the European Union. The immediate aftermath of the result triggered a series of significant events, most notable of which was the resignation of Prime... Read more »

UK to expect surge in GCC investors following Brexit?

UK to expect surge in GCC investors following Brexit? Is there currently a "once in a lifetime opportunity" for investors in the GCC to acquire assets in Britain following the EU referendum? Summary: Investment experts in the GCC believe that there is the potential for a huge investment opportunity in the UK following the outcome of Britain’s EU referendum Immediate economic uncertainty saw the... Read more »

UK gross home lending at highest level for May since 2008

UK gross home lending at highest level for May since 2008

With demand for property in the UK continuing to outpace supply, gross home lending increased 14% year-on-year and hit the highest level for May in eight years. Summary: Gross mortgage home lending reached its highest level for the month of May since 2008 Banks across Britain approved over 42,000 mortgages for house purchases in May,… Read more »

British rental costs up 2.5% year-on-year

British rental costs up 2.5% year-on-year

With the demand for private rented sector properties continuing to outpace supply, rental costs have increased for the sixth year in a row. Summary: Rental costs in the UK have risen by 2.5% year-on-year to May, with demand in the lettings market continuing to increase The UK private rented sector has seen rental costs increase… Read more »

Select Property Group Secures £169million Credit Facilities to Fund the Growth of its Student Accommodation Brand

Select Property Group, the Manchester-based developer, retailer and operator of property brands, has today announced that it has secured £169millon credit facilities to fund the growth of its award winning student accommodation brand, Vita Student. The 5 year finance facilities have been secured through Lloyds Bank, Wells Fargo, and PGIM Real Estate and will enable… Read more »

Property prices rise in England and Wales as supply falls 5.3%

Property prices rise in England and Wales as supply falls 5.3%

Market momentum continues to see property prices rise, with the average property worth over £2,000 more than in May 2016. Summary: Property prices across England and Wales have increased by an average of 0.8% in June, but fallen by 0.2% in Greater London There have been property price rises every month so far in 2016… Read more »

Is Dubai property stability a sign of return to growth?

Is Dubai property stability a sign of return to growth?

The city’s REIDIN sale price index shows growing stability, with government support initiating a new wave of investor confidence. Summary: Dubai’s property market remained stable in the 12 months to April 2016 On a monthly basis prices remained relatively flat, while prime apartments saw average values rise by 2% in the first quarter of the year… Read more »