Month: August 2016

UK property prices rise following Brexit

UK property market following Brexit is “driven by need”

The UK property market has all the critical fundamentals necessary to remain buoyant in the long-term, with Brexit appearing to have little negative effect. Summary: Property prices increased by over £6,000 since the EU referendum result, with the average asking price rising from £297,508 to £304,116 International investors can purchase property in the UK for… Read more »

Should investors focus on PRS investment post-Brexit?

Should investors focus on PRS investment post-Brexit? Britons have bought homes in their lowest numbers since 2008 following Brexit. Does this emphasise the need for more rental property investment? Summary: Owner-occupier home purchases have fallen to their lowest level since 2008 following Brexit With a degree of immediate uncertainty while the UK negotiates its way out of Europe, consumers may look to hold... Read more »

UK property transactions up 6.5% month-on-month

UK property transactions up 6.5% month-on-month

Buyers of UK property are taking advantage of an opportunity window, with transactions increasing month-on-month. Summary: Demand for UK property continues to increase, with a 6.5% month-on-month rise in property transactions With the result of the EU referendum removing any uncertainty from the property market, investors have regained confidence Investors have a once-in-a-lifetime window of… Read more »

UK PRS stock continuing to fall short of demand

UK PRS stock continuing to fall short of demand

The UK private rented sector will continue to be a strong investment as supply is set to fall short of demand in the long-term. Summary: Rental costs across the UK increased by an average of 2.3% month-on-month in June Demand from tenants continues to place upward pressure on the price of renting, with supply falling… Read more »

Prime central London property investment declines 10%

Prime central London property investment declines 10% Demand for real estate in London’s most exclusive addresses falls as investors turn to high-performing regional cities. Summary: Investor demand for property in London’s prime central market has fallen by 10% since the second quarter of 2016 Waning interest has continued post-Brexit, in addition to April’s additional stamp duty levies on second home purchases However... Read more »

Residential property the Brexit opportunity for commercial investors?

Residential property the Brexit opportunity for commercial investors? As many investors leave the commercial property sector following Brexit, is residential property now the solution for them to turn to? It’s been an investment favourite for years, but investors are starting to fall out of love with commercial property funds. Assets from offices to shops and industrial buildings have long been popular with institutions... Read more »

UK build-to-rent revolution underway?

UK build-to-rent revolution underway? 60,000 purpose built rental units are now in the pipeline in the UK, as more investors begin to identify the future growth potential of the sector. Summary: More than 60,000 build-to-rent units are now in the pipeline for delivery in the UK The UK’s private rented sector is currently at record size, with changing generational... Read more »

Manchester named top investment hotspot for foreign investors

Manchester named top investment hotspot for foreign investors The north-west city has one of the UK's highest densities of foreign investment outside of London, according to new research. Summary: Manchester receives one the highest proportions of foreign property investment outside London, and more than any other city in the north of England Overseas firms and funds are attracted to Manchester’s high job and... Read more »