Month: March 2017

UK Budget 2017: What to expect for property investment

UK Budget 2017: What to expect for property investment As Phillip Hammond presents the first look at the UK government's economic plans this year, here's what those with real estate assets should look out for. What: The UK Budget When: Wednesday March 8th Where: House of Commons, Westminster, UK Always a highly anticipated event, this Budget will also have increased importance. Not only is... Read more »

Dubai. Attracting HNWIs. Property price rise to follow?

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Dubai is attracting increasing numbers of high net-worth individuals. After a period of correction, Knight Frank now predicts property sales will increase in 2017. Summary The number of high net worth individuals based in the UAE increased by 70% over the last decade Knight Frank has ranked Dubai fourth in the world on its list… Read more »

Housing affordability reaches worst levels in 9 years

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  UK house prices have risen 32% over the last five years, significantly outstripping wage growth of just 7%. Summary Since 2012 house prices in UK cities has increased from £169,966 to £224,926 Oxford is named the least affordable city, followed closely by London There is a significant imbalance between property price growth and wage… Read more »

SPG Announces Helen White as Managing Director of Affinity Living

Select Property Group’s Brand Director Takes Top Role 28th February 2017 – Brand and Communications Director of Select Property Group, Helen White, has today been announced as the Managing Director of the Group’s PRS (Private Rented Sector) brand, Affinity Living. The announcement comes at a pivotal period of growth for Affinity Living as the ambitious… Read more »

UK property shortage underlined: 1 house = 11 potential buyers

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In Britain there is “simply not enough housing to meet demand”, a reality that continues to underpin the strength of the country’s property sector. Summary: 11 property hunters in the UK currently battle for just one unit available on the market There was a 10% rise in the number of prospective buyers registered at UK… Read more »