Category: News

Manchester property sells 2 weeks quicker than UK average

Manchester property sells 2 weeks quicker than UK average

The northern city may have seen house prices rise by 9% year-on-year but that hasn’t stopped the appetite for Manchester property. Summary: Manchester is one of the most popular cities to live in the UK, with property selling two weeks quicker than the 91-day average Property across the UK is selling quicker than 2015, with… Read more »

UK property market sentiment increases after Brexit vote

UK expecting property price rises

Investors looking at UK property can be reassured by the market’s increasing confidence that house prices will rise following the EU referendum. Summary: Market uncertainty immediately following the EU referendum result has seen a recovery, with homeowners’ confident property values will increase Almost 20% of homeowners across the UK believe that the value of their… Read more »

UK property prices rise to an average of £309,122

UK property prices rise to an average of £309,122

The UK property market has recovered from the initial uncertainty following the EU referendum as prices rise month-on-month and demand continues to outstrip supply. Summary: Brexit uncertainty looks to lessen in the UK property market, with the average property price rising to £309,122 in September Prices are now only 0.4% lower than the all-time high… Read more »

Property rentals to outstrip sales for first time in 90 years

Property rentals to outstrip sales for first time in 90 years

After uncertainty hit the market following the vote for Brexit, low supply and rising property prices have seen the number of new lets overtake sales. Summary: The popularity of the private rented sector could see property rentals outstrip sales for the first time since the 1930s September saw a record amount of lets agreed and… Read more »

UK regions see build-to-rent activity surge by 400%

UK regions see build-to-rent activity surge by 400%

The build-to-rent sector could be the answer for thousands of households who choose to rent in regional cities across the UK. Summary: The popularity of the private rented sector in the UK has seen a surge in the number of build-to-rent developments across the country Across the UK regional cities in particular have seen build-to-rent… Read more »

UK rental costs hit record high of £887 per month

UK rental costs hit record high of £887 per month

As renting becomes an increasingly popular choice for households across the UK, falling supply and rising demand have pushed rental costs to their highest ever. Summary: Uncertainty in the UK economy following the EU referendum has seen the popularity of renting soar Demand for quality rental properties has placed upward pressure on the average cost… Read more »

Manchester rental market sees 20 tenants vie for every property

Manchester rental market sees 20 tenants vie for every property

The increasing number of renters wanting to live in the northern city have seen properties let within an hour as rental costs rise by £75 a month. Summary: Demand for rental accommodation in Manchester has seen tenants vastly outnumber available properties, with only 1.3 properties available for every 20 tenants Rental costs within the city… Read more »

At least 1.8 million build-to-rent households needed by 2025

At least 1.8 million build-to-rent households needed by 2025

The increasing number of households choosing to rent in the UK will see demand for purpose-built rental properties far outpace supply in the long-term. Summary: An estimated 1.8 million build-to-rent properties will be needed by 2025 to meet increasing demand in the UK rental market UK surveying body has called on the government to begin… Read more »