The UK's housing market, which witnessed a remarkable surge during the Covid-19 pandemic, is now exhibiting signs of moderation. Recent data from property portal Rightmove reveals a notable decline in asking prices for homes during August, the sharpest since 2018. After a string of four consecutive months marked by decreasing house prices, this shift hints at a broader slowdown in the property sector....
Economists are predicting a significant downturn in the UK property market, with a 10% drop in house prices anticipated by the end of this year. The EY ITEM Club’s Spring Forecast has suggested that the average price of a UK home could fall from £290,000 to £261,000, as the influence of the property market on consumer spending shifts. However, despite the slump in house prices, experts do not believe...
A new study has revealed the top cities in the UK housing market for the fastest return on investment (ROI) when buying a one-bedroom property. This study analysed current market data from Zoopla, Rightmove, and Propertypal, comparing the average price of a one-bedroom property in all 76 UK cities and the Isle of Man to the average monthly rental income. The results of the study show that Coventry is...
Co-living typically consists of purpose-built rental housing that includes studio bedroom units along with ample communal amenity space, such as gyms, co-working spaces, resident lounges, and cinemas, of high quality. There is an expanding pipeline of co-living properties across the UK, as investors, developers, and operators seek to diversify away from conventional real estate assets and into the...
This year has seen a lot of changes in the housing market. In 2022, we have seen record-breaking house price increases, huge buyer demand, and homes selling faster than ever before. There was an increase of 5.6% in asking prices in Great Britain this year, to an average of £359,137. Prices were almost £17,000 higher than they were in 2021, when they increased 6.3%. The imbalance between...
What are Special-Purpose Vehicle Companies? SPVs are commonly used to purchase and manage buy-to-let properties in the real estate industry. Limited companies isolate the risk when financing and purchasing property, since they have their own legal status, assets, and liabilities. A SPV can hold multiple properties, allowing landlords to expand quickly. Why have Special-Purpose Vehicle Companies...
Buy-to-let (BTL) mortgages are typically used by landlords who wish to purchase properties to rent out. Buy-to-let mortgages are subject to different rules than residential mortgages. Who can get a buy-to-let mortgage? Buying a buy-to-let mortgage is necessary if you intend to rent out your property. For many lenders, a buy-to-let mortgage is considered a higher risk, so you may need to meet certain...
The experience of investing in a rental property can be exciting, but can also be daunting. As a result, many investors prefer to invest in areas that are near their homes. Investing in your local area has its advantages, but exploring other parts of the country should also be considered before making any decisions. Investing Locally: Although the internet can tell you everything you need to know...
Whether you're an HMO landlord or you're considering investing in one, you should be aware of the regulations surrounding HMO licenses. Failure to obtain the appropriate license can be a costly mistake and could impact future HMO operations. We want to make sure you have all the information you need about HMO licensing in this post. What is a mandatory HMO Licence? HMO properties that meet the...
Property developers often sell properties still under construction in order to raise cash. These are called off-plan properties. Early-bird deals are commonly offered by developers to attract buyers, meaning buyers can pick up high-potential properties at a more reasonable (or more rewarding) price. Therefore, many investors look to benefit from off-plan property investments. The demand for such...