Direct Property News

June 20, 2017

Average prices in UK up by over 40% since low interest rates were introduced in 2009

UK owners have seen the average value of their homes increase by more than 40% and almost £60,000 over the past eight years since interest rates hit historic lows, new research has found. Average property prices are up 41.2% since the Bank of England lowered interest rates to 0.5% in March 2009. They were then lowered again to 0.25% in August 2016. The research from online estate agents HouseSimple comes at a time when there is a chance that rates could go up again as three members of the Bank of England’s Monetary policy Committee (MPC) voted last week for a rise due to inflation rising steadily. They were outvoted this time but it is an […]
June 19, 2017

North of England offers best efficiency for buy to let landlords

New research confirms that the Northern half of England offers the best investment for buy to let landlords due to a combination of affordable prices and rental return. Stoke on Trent is named as the most efficient location, followed by Oldham and Liverpool while when it comes to yields the highest is found in Leeds of the 100 towns and cities surveyed. Overall the 10 most efficient areas to become a landlord in Britain are in the North while every one of the least efficient buy to let locations are in the South with Poole in Dorset the least efficient, followed by central London and Sevenoaks in Kent. The analysis from investment market place Property Partner […]
June 15, 2017

Landlords looking outside of London for the best yields

Latest industry research suggests that buy-to-let landlords are looking away from London and towards the regions, in order to find the best rental yields. Provincial cities with notoriously large populations of university students within the North and the Midlands have been named in the top-ten UK buy-to-let hotspots. Just three London boroughs- namely Southwark, Newham and Tower Hamlets- made it into the top 20. Location, Location, Location It appears that a number of landlords are being thoughtful about location before deciding the go ahead and purchase an investment property. Many are conscious of the fact that its value will appreciate at a greater rate than mortgage borrowing. Significantly-higher property prices in some regions of the capital […]
June 13, 2017

Private rented sector in UK likely to grow by 24% by 2021

The proportion of households in the private rented sector in the UK is set to grow by 24% by 2021 which means that one in four will be renting rather than owner occupiers, new research shows. Overall the PRS has doubled in the last 10 years or so, and it is expected to continue to grow to 5.79 million households while 68% of renters still expect to be living in the rental sector in three years’ time, according to the latest tenant survey from real estate firm Knight Frank. The report says that growth of the PRS has been spurred by conditions both in the housing and labour markets. Younger workers especially are taking advantage of […]
June 12, 2017

House prices reach new high despite election fears

The latest analysis and data from Your Move has revealed that, despite uncertainty surrounding the General Election, the average price of a home in England and Wales reached a new high in May , with a rise of 0.3% to £303,200. According to the report, the value of the average home has now increased £13,934, or 4.8%, in the last 12 months. The data shows that activity also remained relatively strong, with transactions slightly lower than usual for the season but still up 6% on April, with an estimated 62,500 sales. Your Move says a sharp slowdown in sales in London, the South East and East of England is increasingly being offset by more resilient performance […]
June 8, 2017

Why Supported Housing Property Bonds are on the rise

Supported housing currently occupies an important position within the British real estate market. The support and funding that is provided within this sector helps improve the quality of life for the most vulnerable people within society as well as goes towards reducing the pressure on the NHS and care services. Therefore, any investor thinking of putting their money into the supported housing property sector, will not only see their capital increase, but will also have the satisfaction of knowing that their money is going towards assisting the less fortunate population. A recent research survey carried out by the National Housing Federation provides some interesting facts to justify this point: in 2015/2016, there was an undersupply of […]
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