Month: September 2016

Video: Changing tenants. A changing UK property market.

Video: Changing tenants. A changing UK property market.

Our latest video outlines how shifting generational attitudes towards ownership are driving a revolution in Britain’s private rented sector. What’s happening with the UK property market? Homeownership levels have fallen to a 30-year low, while the demand for rental accommodation has risen by 17,500 each month for the last decade. Of course, the rising cost… Read more »

40,000 new UK property millionaires in just 9 months

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Over 660,000 homes in Britain now worth £1 million, underlining the UK property market’s long-term ability to deliver high returns for owners and investors. Summary: Britain’s property market has made 40,000 people millionaires since January 2016 There are now over 660,000 homes in the country worth £1 million as bricks and mortar continues to deliver… Read more »

Northern Powerhouse boosts Manchester graduate retention rate to 70%

Northern Powerhouse boosts Manchester graduate retention rate to 70%

With Manchester generating local jobs at an impressive rate and offering a more affordable lifestyle than London, the city has seen its graduate retention reach 70%. Summary: Young professionals are attracted to Manchester as employment is forecasted to increase by 4.3% over the next five years Manchester has seen its graduate retention rate reach 70%,… Read more »

More Generation Y workers leaving London for regional cities

More Generation Y workers leaving London for regional cities

65,890 people in their thirties left London in 2015 and headed to regional cities such as Manchester in search of good jobs and better quality of living. Summary: The outflow of young workers from London has increased by almost 50% over the last three years 65,890 people left the capital last year and headed to… Read more »

New generation of tenant values experiences over materialism

New generation of tenant values experiences over materialism

As the UK’s ‘coolest’ brands list for 2016 is revealed, consumers are turning to brands that create memories – and these attitudes are changing UK property. Summary: Apple, Netflix and even Glastonbury are among the top 20 coolest brands in the UK Brands such as Ray-Ban and Chanel fall, as more consumers begin to choose… Read more »

Confidence in UK property market has largest surge in seven years

Confidence in UK property market has largest surge in seven years

Positive sentiment towards the UK property market has grown across the entire country, with the House Price Sentiment Index registering the largest surge in confidence in almost a decade. Summary: Knight Frank’s House Price Sentiment Index hit 56.9, up from 51.4 in August, highlighting the growing confidence in UK property Activity within the property market… Read more »

“Argument” for build-to-rent to be exempt from new SDLT rates

"Argument" for build-to-rent to be exempt from new SDLT rates

Deputy London Mayor for Housing believes that the government can send a “positive message to support the sector” by not applying the 3% stamp duty surcharge. Summary: There is “an argument for build-to-rent to exempted” from the additional 3% stamp duty rates for second homes and investment property Deputy London Mayor for Housing James Murray… Read more »

Knight Frank: Dubai property market set for growth in 2017

Knight Frank: Dubai property market set for growth in 2017

The recovery of the Dubai property market is expected next year, following a steady increase in interest for high-end off-plan developments in popular locations. Summary: The Dubai property market can expect prices to increase in 2017 as demand remains active for amenity-equipped developments in popular locations Reputed developers across the emirate are projected to experience… Read more »