In light of the recent publication of the Budget for 2021, what is the impact on property investors? The economy The economic recovery to pre-COVID levels is happening much faster than expected, according to Rishi Sunak. In addition, the unemployment rate is rapidly declining and employment is increasing. Clearly, this is an excellent development regarding less evictions, higher rents and...
According to the Home Tracks UK House Price Index for September 2021, the following trends have been observed: Record year for sales and prices - No cliff edge £473bn of new sales are expected in 2021, up £95bn from 2020. This is the strongest price and sales growth since 2007. The ongoing re-evaluation of housing, low mortgage rates, and the extended stamp duty holiday all contributed to...