UK house prices rose by more than 10% in 2021, the fastest growth rate in 15 years, according to new figures that underline the strength of the pandemic housing boom. The price of an average UK home hit a record high of £254,822 in December, up nearly £24,000 over the [...]
Average UK house prices defied expectations and continued to climb last month despite the phasing out of the government’s stamp duty holiday at the end of September. The continued increases mean that the price of an average home in the UK has risen above £250,000 for the first time on the building [...]
House prices registered the strongest monthly rise for 14 years in September, pushing the average cost of a home to a record high and reversing a three-month decline in annual growth. Halifax, one of the country’s biggest mortgage lenders, said last month the average cost of a home rose by [...]
The current housing boom will flatten in 2022—or possibly early 2023—when mortgage interest rates rise. There is no bubble to burst, though prices may retreat from panic-buying highs. The boom produced some frantic buying, bids in excess of asking prices, and plenty of worry among would-be homeowners. But this has not been [...]
The average house price surged by nearly £16,000 over the year to April to hit a new record high, according to a major index. In April, the typical UK property value hit a peak of £238,831, Nationwide Building Society said, and Britain’s biggest building society predicted that house price inflation [...]
A shortfall in the number of homes coming up for sale remains a major stumbling block for the housing market, economists at the Royal Institution of Chartered Surveyors have warned. While the Chancellor’s Budget measures, including the extension of the stamp duty holiday until the end of June, will give [...]
For the first time, in 2019, properties in regional cities in the UK such as Birmingham, Liverpool, Manchester, Edinburgh and Glasgow attracted greater investment from the Middle East than Central London according to CBRE, the Global Real Estate Adviser. While £650m was committed to invest in Central London, this was [...]
A recent study by Insurance Provider Simply Business has asked Landlords in which UK cities they expect the Buy to Let market to be the most robust in 2020. The initial outlook for the UK property market in 2020 has been positive as a result of increased certainty and stability [...]
With suggestions from industry experts at the end of 2019 that the Conservative election victory would see a strong and growing UK property market in 2020, we take a look at what the early signals have shown. According to research by property website Rightmove, house prices in the UK increased [...]
Rightmove, the UK property website, expects to see an average increase in house prices of 2% in 2020, although northern cities are expected to experience higher rates of growth while London begins to bottom out. Miles Shipside of Rightmove explained that “London is finally showing tentative signs of bottoming out [...]
In recent years outbound investment from Sovereign Wealth in the Middle East has reduced, however private capital and small institutions continue to invest abroad. According to property consultants Knight Frank, more than two thirds of capital from GCC countries is invested in the UK Property market despite the current [...]
There is good news for those looking to invest in UK Property as attractive opportunities continue to emerge in various UK Cities where potential for growth meets high yields and strong rental demand. Despite difficult conditions for property investors over the last few years, the market offers encouragement and positivity [...]
With the Economy subdued, the outcome of Brexit still uncertain and the value of the pound falling, can the UK property market still be attractive to Investors? To many, the answer is a resounding Yes, as many factors come together to create favourable conditions for those residing in the UAE, [...]
Latest figures show that rental rates on residential property in the UK are increasing at their quickest in more than two years, resulting in average yields for property investors rising to 4.5%, the highest average since 2017. The Buy to Let Britain report produced by Kent Reliance states that landlords [...]
Property values in The UK’s major cities saw a rise of 2.1% in the year to May 2019. The UK property market is often considered to have many different markets within one, such is the variation of performance from one city to the next. While prices rose by 2.1% [...]
House prices in the UK grew at their quickest annual rate since 2017 according to latest reports from Halifax. The findings showed that house prices increased by 5% in the three months to April 2019 in comparison to the three months leading up to April 2018. The UK property market [...]
