Month: October 2018

Budget 2018: More focus on city centre UK property?

Budget 2018: More focus on city centre UK property?

In his final Budget before the UK leaves the European Union, did Chancellor Philip Hammond allude to a significant boost for the rising number of Britons demanding residential property in prime town and city centre locations? Summary: UK towns and city centres are set to be given a £675 million renovation boost, under plans announced… Read more »

Hong Kong property slowdown: Investors to turn to UK real estate?

Hong Kong property slowdown: Investors to turn to UK real estate?

Falling stock markets and weaker sentiment is fuelling the belief that the boom in the world’s most expensive property market is ending – so will this prompt buyers in the region to explore high-growth markets internationally? Summary: Sentiment in Hong Kong’s property sector appears to be softening, amid falling stocks and rising borrowing costs Some… Read more »

Manchester investment: Amazon to open new head office in the city

Manchester investment: Amazon to open new head office in the city

600 new jobs are set to be created as the multinational corporation expands its operations in Manchester, with global investment continuing to pour into one of the fastest growing cities in Europe.   Summary: Amazon has announced it will open a new corporate headquarters in Manchester city centre in 2019 600 jobs will be created,… Read more »

Prime London property price growth to stagnate over the next two years

Prime London property price growth to stagnate over the next two years

Rising tax costs and disrupted economic growth will slow performance in the central London market, at a time when a rising number of investors are heading to northern England to achieve higher overall returns. Summary: Investors in the prime central London property market have been warned to prepare for lower levels of capital growth over… Read more »

Manchester investment: City now one of Europe’s fastest growing

Manchester investment: City now of one Europe's fastest growing

High graduate retention and a buoyant job market are helping Manchester to become one of the most rapidly expanding European economies, as more investors from around the world continue to recognise the significant opportunity of the city’s real estate sector.   Summary: New figures reveal Manchester’s growth is among the fastest in Europe The city’s… Read more »

200% rise in interest for Manchester property from Chinese investors

200% rise in interest for Manchester property from Chinese investors

New research reveals the “positive long-term expectations” that buyers in China have for UK property, along with the continued demand for real estate in one of the country’s strongest investment locations. Summary: The number of enquiries for property investment in the UK, and Manchester specifically, is continuing to rise among buyers in China Between February… Read more »

10% fall in young people owning UK property

10% fall in young people owning UK property

Rising costs and changing generational attitudes have seen a reduction in ownership levels among young workers over the last 10 years, as new data underlines the demand for, and importance of, quality rental property in Britain. Summary: The number of young people buying and owning property in the UK has fallen significantly since 2008 New… Read more »