Month: December 2016

UK property prices & rents to continue rising in 2017 – Rics

UK property prices & rents to continue rising in 2017 – Rics

Values and rents are forecast to rise by as much as 3%, as supply will be unable to keep pace with the increasing demand for property. Summary: Demand for UK property will continue to outstrip supply in 2017, says the Royal Institute of Chartered Surveyors Both average property values and monthly rental rates are expected… Read more »

Overseas investor interest in UK property spikes by 45% in Q4

Overseas investor interest in UK property spikes by 45% in Q4

The sterling’s fall following the vote for Brexit has seen interest from overseas investors increase as they take advantage of ‘discounts’ on UK property. Summary: Overseas investors are taking advantage of the window of opportunity that has been created due to the sterling’s fall against the dollar and euro, respectively Investors typically target London, but… Read more »

UK housing stock value rises £559bn in 2016

UK housing stock value rises £559bn in 2016

The total value of British homes hits £8.17 trillion, as UK property “remains resilient” following a year of political and economic turbulence. Summary: The value of Britain’s housing stock has risen by 7% in 2016 All of the UK’s 28.9 million homes are now collectively worth £8.17 trillion, but values in London were among the… Read more »

Build-to-rent the answer to rising landlord costs?

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As a large number of UK landlords claim they will stop using letting agents if fees increase, should more consider build-to-rent investments?   Summary: 47% of UK landlords have admitted that they will stop using letting agents if their overall returns begin to fall The scrapping of agent fees for tenants, announced in November’s Autumn… Read more »

Supply & demand will determine Expo effect on Dubai property

Supply & demand will determine Expo effect on Dubai property

The impact that Expo 2020 will have on real estate prices will largely depend on key supply and demand dynamics, says CBRE Middle East. Summary: Dubai property investors with assets in low supply and high demand will feel the effects of Expo 2020 most Next year will see a surge in infrastructural investment, as the… Read more »

UK rents rising fastest outside London

UK rents rising fastest outside London

The capital now has the slowest rate of growth in the country, as low supply in the north of England is driving yields for investors.   Summary: Residential rents in the UK are now growing the slowest in London Monthly rates are rising fastest in the north-west, north-west and Yorkshire regions of England While there’s… Read more »

UK government gives £45 million boost to build-to-rent sector

UK government gives £45 million boost to build-to-rent sector

The loan as part of the government’s new Home Building Fund will drive the development of over 2,000 homes in Manchester, Leeds and Birmingham.   Summary: The government has announced that £45 million of its new £3 billion Home Building Fund will go towards kick-starting a deal involving 2,000 new build-to-rent homes It includes 995… Read more »

UK property prices rising at their fastest pace since March

UK property prices rising at their fastest pace since March

Recent research adds further evidence to the UK property market’s ‘business as usual’ performance following the EU referendum result. Summary: Residential property prices in the UK have increased by 6% year-on-year, boosting the average cost to almost £220,000 Price growth may slow in the coming months, but the market’s fundamentals remain strong and the outlook… Read more »