Direct Property News

December 20, 2018

New home registration sees ‘strong growth’ during November

According to new data from NHBC, the number of new homes registered in November totaled 15,155 – the second highest monthly total of 2018 and a 2% increase year-on-year. Of these, 11,135 new homes were registered in the private sector against 11,017 a year ago. In the affordable sector, 4,020 new homes were registered compared to 3,785 in November 2017. During the rolling quarter of September to November, total new home registrations rose 7% to 43,745 new homes against the same period last year, with private registrations during the period lifting 6% to 33,104 and those for the affordable sector rising 10% to 10,641. Nine of 12 UK regions experienced growth in new home registrations year-on-year […]
December 27, 2018

Prime property market in Edinburgh it one of the top performers in Europe

Prices in Edinburgh’s prime property market increased year on year by 10.6% in 2018, the highest level of annual growth for more than a decade, the latest analysis shows. Properties valued above £2 million recorded the strongest price growth in the fourth quarter, with values up 3.5% between October and December, the data from Knight Frank’s Edinburgh City index also shows. Meanwhile, sales volumes above £1 million in the city were 12% higher than at the same point in 2017 and this robust activity is underpinning strong price growth overall. The report also reveals that properties are selling faster, with the average time taken between a property first coming onto the market and it reaching a […]
January 22, 2019

Analysis suggests London property market will recover next year

London’s house price recovery is set to start in the boroughs of Newham and Hammersmith and Fulham due to booming rental yields in these two locations, according to a new analysis. Property website Home.co.uk predicts that the slump in the capital’s housing market will come to an end during 2020 due to improving rental yields making property more attractive to investors. Its research suggests that this turnaround is likely to start in Newham, where in Dec 2018 the average rental yield was 4.9% compared to 3.6% in the same month in 2017. This 1.3% increase is the largest rise in any London borough apart from the City of London, where a 1.5% rise was observed. The […]
January 31, 2019

Activity surges in December as buyers return to the market

New data and analysis from haart has shown that buyers returned to the market in increased numbers during the usually quiet final weeks of the year, despite ongoing Brexit drama. According to the data released, transactions across England and Wales jumped 14% on the month and 18% on the year in December with the number of new instructions rising by almost 30% on the year in the first two weeks of 2019. National Trends House prices across England and Wales fell by 0.8% and by 3.3% on the year. The average house price now sits at £221,965. New buyer registrations fell by 18.1% on the month but is up 12% annually. The number of properties coming […]
February 8, 2019

Majority of property investors in UK set to expand their portfolios this year

A majority of property professionals investing in the UK are set to expand their portfolios in 2019, remaining resilient despite a backdrop of uncertainty and squeeze on affordability. Some 80% of investors said they plan to increase their portfolios this year while 20% said they are not making any changes in 2019, according to the poll by MT Finance, but none said they would reduce their investment. Of the 80% looking to expand their portfolios, 39% are looking to buy in the South East of England, 25% in Wales, followed by 13% in the Midlands. Whilst 16% revealed that would not be buying property in the UK and none are set to buy in London which […]
March 17, 2019

Best Cities for UK Property Investment in 2019

It’s not always about London. Investors with an eye on emerging UK property markets will tell you this. Offering strong rental yields and a range of factors that suggest sustainable profits for the future, such as investment in infrastructure and growing university populations, there are a number of places that property investors should be aware of in 2019. Whether it’s affordable housing in the areas across the commuter belt or city properties in the ‘Northern Powerhouse’, here’s a look at some of the best cities for property investments this year. Manchester Manchester continued to impress us last year with strong rental market growth. Fuelled by a substantial university population and growing employment opportunities in the city, […]