Liverpool has been confirmed as the UK’s top buy to let hotspot with a rental yield for landlords of 8% when associated costs are taken into account.
Barclays Bank’s forecast for property values estimates that the average price of in the UK will increase by 6.1% by 2021, fuelled in part by greater activity among buy-to-let investors and high net worth individuals.
The General Election, Landlord Taxes, Brexit, President Trump……
2017 is shaping up to be a very interesting year. With a general election around the corner, new landlord taxes coming into force and further political and financial questions to be asked with Brexit on the horizon, it is no surprise that property investors are trying to work what is the best strategy to deal with it all. Should you buy? Should you sell? Is renting really worth it anymore?
The Sunday Times Rich List came out on the 7th May and revealed that over a quarter of the top 100 richest people in the UK list property as a major source of their wealth.
We are seven weeks into 2017 and the figures have now been collated to gain a fair review of the property market in 2016.
The average house price in the UK increased by 7.2% in 2016 taking the average property value in the country to £219,544, information released today shows. England had the largest increase at 7.7% with Wales (4.7%), Northern Ireland (5.7%) and Scotland (3.5%) showing modest growth.
Anyone seriously interested in property investment needs to be aware of some obvious, yet often overlooked, guiding principles in order to give themselves the best chance of succeeding with any property purchase.
Choices Investments have secured some truly remarkable property opportunities in the famous “Golden Postcodes” of London. Known around the world as the home of some of the capital’s finest properties, the areas of Knightsbridge, Kensington, Mayfair and Chelsea have seen remarkable capital growth in recent years.
- Up to a £53,000 discount
- Crossrail hotspot – 8 minutes to Canary Wharf
- Apartments from £342,000
- Up to 4.7% Rental Yield
- 0.2 miles from Woolwich Dockyard Station
The government has today announced a £3billion housebuilders fund to support developers, SMEs and custom builders. Sajid Javid, the communities secretary, has set target of building one million new homes by the year 2020.