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UK Property Investment Construction Update – One Islington Plaza – (April 2019)

On behalf of the developer, we provide you with the latest images and information as of April 2019 from the One Islington Plaza construction site (UK Property Investment) in Liverpool, UK. Kindly click on the image below to access and flip through the update.

Flashback: One Islington Plaza – UK Property Investment 

Living in the Knowledge Quarter

One Islington Plaza is the latest student development directly adjacent to Liverpool’s Knowledge Quarter, in the heart of Liverpool’s student district. One Islington Plaza will consist of 317 studio and ensuite clusters, with great facilities for student living such as communal lounges, entertainment and services. All ensuites have access to communal kitchens with appliances, including dishwashers, while all studios come with fully-fitted kitchens. The project is situated in an incredible location, within walking distance to major universities in Liverpool.

UK Property Investment Highlights – One Islington Plaza

  • Prime Location
  • 8% rental returns assured for 3 years
  • NO stamp duty
  • Fully-managed
  • Fully-furnished

UK Property Investment Project Highlights – One Islington Plaza

  • On-site concierge & front desk
  • Communal lounge with flat screens, video games, pool tables, ping pong & fuzzball
  • Cinema, media room & study areas
  • Laundry services
  • Bicycle storage
  • Fully-equipped gym
  • On-site Crosby Coffee shop & retail unit
  • TVs & high-speed broadband in all rooms
  • Hotel style access control systems & monitored CCTV system


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our UK Property Investment Opportunities! Hotline: 03-2162 2260 (MY); +65 3163 8343 (SG)

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Construction Update – Aura – UK Property Investment (April 2019)

On behalf of the developer, we provide you with the latest updates as of April 2019 from the Aura construction site (UK Property Investment) in Liverpool, UK. Kindly click on the image below to access and flip through the update.

FLASHBACK: Aura – UK Property Investment Opportunity

Smart student living

Aura is a brand new, purpose-built student accommodation development strategically positioned in Liverpool’s thriving Knowledge Quarter, the city’s education hub. The fully-managed development comprises en-suite rooms and studio suites, delivered fully-furnished and finished to a high standard. In addition to having a gym, yoga lounge and games room, this self-contained development has on-site laundry facilities, and a restaurant. Bike storage is available in the courtyard for the students’ convenience.

Aura is just a few minutes’ walk from the University of Liverpool. The Royal University Hospital, Liverpool John Moores University, Liverpool Hope’s Creative Campus and LIPA are also in close proximity.

UK Property Investment Highlights : Aura

  • 9% nett rental return p.a. assured for 5 years
  • Catchment of 57,000 students from 5 sought-after universities, with a current shortfall of 21,900 managed bed spaces
  • Fully-managed & fully-furnished
  • Located in the Knowledge Quarter
  • Walking distance to the prestigious University of Liverpool
  • Close to Liverpool city centre and main transport hubs

UK Property Investment Specifications : Aura

  • Free high-speed Wi-Fi
  • Communal lounge and shared kitchen facilities with smart LCD TVs
  • 24-hour CCTV security and controlled building access
  • Fully-equipped state-of-the-art gym and yoga lounge
  • Courtyard with bike storage
  • Large meeting area, lounge and study areas
  • Games room with pool tables, entertainment facilities and smart LCD TVs
  • Restaurant
  • On-site laundry facilities

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our UK Property Investment projects! Hotline: 03-2162 2260 (MY) 3163 8343 (SG)

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Construction Update – One Islington Plaza (March 2019)

On behalf of the developer, we provide you with the latest images and information as of March 2019 from the One Islington Plaza construction site in Liverpool, UK. Kindly click on the image below to access and flip through the update.

Flashback: One Islington Plaza

Living in the Knowledge Quarter

One Islington Plaza is the latest student development directly adjacent to Liverpool’s Knowledge Quarter, in the heart of Liverpool’s student district. One Islington Plaza will consist of 317 studio and ensuite clusters, with great facilities for student living such as communal lounges, entertainment and services. All ensuites have access to communal kitchens with appliances, including dishwashers, while all studios come with fully-fitted kitchens. The project is situated in an incredible location, within walking distance to major universities in Liverpool.

Investment Highlights

  • Prime Location
  • 8% rental returns assured for 3 years
  • NO stamp duty
  • Fully-managed
  • Fully-furnished

Project Highlights

  • On-site concierge & front desk
  • Communal lounge with flat screens, video games, pool tables, ping pong & fuzzball
  • Cinema, media room & study areas
  • Laundry services
  • Bicycle storage
  • Fully-equipped gym
  • On-site Crosby Coffee shop & retail unit
  • TVs & high-speed broadband in all rooms
  • Hotel style access control systems & monitored CCTV system

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260 (MY); +65 3163 8343 (SG)

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UK Property Investment Beyond Brexit

In less than a year, the UK  will officially exit the EU. Here is an overview of the Brexit effect on the UK property market.

Recently, popular actor Sir Patrick Stewart joined Members of Parliament and business leaders in London for the launch of a campaign called The People’s Vote. The campaign calls for a second Brexit vote, and drew some 1,200 people, including representatives from all of Britain’s major parties.

The actor, who played Professor X in X-Men, and Captain Jean-Luc Picard in Star Trek: The Next Generation, had earlier said that both his iconic X-Men and Star Trek characters would have backed Remain. This provoked a retort from Boris Johnson, the British Foreign Secretary. Mr Johnson drew upon Star Trek’s famous line, saying that Brexit will enable the UK to “boldly go” to areas it has neglected in recent years as it seeks trade deals.

On 29 March 2019, the UK will cease to be part of the EU as per the terms of Article 50. Taking into consideration the time needed for ratification by both the EU and UK, negotiations need to be complete by the end of 2018, or both parties risk a ‘cliff edge’ scenario where ties are suddenly severed with no arrangement as to how to move forward outside World Trade Organization (WTO) rules.

The UK has long been a global superpower with London as the world’s financial, education and cultural centre — even before it became a member of the EU.

Brexit and the property landscape

The UK has long been a global superpower with London as the world’s financial, education and cultural centre, even before it became a member of the EU.

Our position has always been that there will, undeniably, be risks and opportunities. And while uncertainty is bound to rock the housing and economic market, we are positive that the UK will adapt to changes caused by Brexit. The slowdown in the housing market is likely a short-term one as the lack of housing supply in the UK will not change overnight, thus there will continue to be opportunities for property investors.

CBRE, in its Brexit Guide for Real Estate Decision Makers released last month (March 2018), echoes the sentiment and concludes that Brexit is not likely to have a significant impact on the property market.

The British Prime Minister has said on many occasions that she would rather that no deal be made (in negotiations with the EU), than a bad one. CBRE calculates the probability of a no-deal Brexit scenario at around 25%. A no-deal scenario would mean the UK leaving on WTO rules, rather than continued preferential market access. Such an outcome could be damaging for the short-term confidence in the UK economy, especially if the UK is not well prepared.

What is significant for the real estate market are the current negotiations on future trade and migration arrangements.

Migration controls are likely to be tighter, but it is not clear yet to what extent the controls will be. In the 2017 General Election, the Government restated its target to cut nett migration to below 100,000 people per year. This will be challenging given that nett migration into the UK is currently more than double that amount, and added on to the fact that the Government wants to allow highly-skilled EU immigrants to continue to come to the UK.

The reduction in immigrants could very well cause labour shortages and inflation. A shortage in labour affecting the construction sector could mean the slowing down of on-going developments, inevitably causing real estate demand to rise. This was implicitly recognized in the Government’s November 2017 Budget, in which £34 mil was allocated to retraining the unemployed to work in this sector.

However, any attempt to tighten migration controls will not be made until 2021 at the earliest, given that the Government has made a commitment to import the entire body of EU law into domestic legislation, which will take a while.

This will also mean that regulatory legislation for the property market is likely to stay stagnant until after 2021 as well. Tax change is not likely to differ either. Most taxes have been nationally-determined, with the exception of VAT and customs duties where the EU has specific influence. Thus Brexit will not induce much change in that regard.

Residential Property

The residential property market is on the road to recovery, going up by 34% from the post-crisis sales rate, which was about 1.2 million sales in 2017.

First-time buyers have increased from the long-term average of 41% to 48%. This can possibly be attributed to the Government’s Help to Buy program, which provides more accessible financing for those looking to purchase residential property. Movers are hindered by a lack of stock coming onto the market, and this trend is most pronounced in London.

CBRE predicts that house price growth will slow to around 1.5% in 2018, but rally in 2019 and reach 17.1% in the next five years.

CBRE house price and rental forecast for 2018-2021

Commercial Student Accommodation

Commercial student accommodation is set to be a growth area, with or without a Brexit deal. Research from Cushman & Wakefield showed that the supply of studio rooms has more than doubled since 2014. In 2017 a record-breaking 30,000 bed spaces were provided.

However, supply is still not keeping pace with the growth of students in recent years. CBRE’s research shows that there still is much headroom for further provision of student accommodation in many cities in the UK.

CBRE’s valuation index of 65,000 bed spaces reached double-digits, with total returns at 11.9% in the 12 months to Sept 2017. This significantly outperformed the Investment Property Database (IPD) All Property Index at 9.5%, which provides an indication of investment performance for the entire real estate market as a whole.

Nett rental growth of the index reached 4.1%, which was pushing double the IPD ERV (Estimated Rental Value) growth, at 2.2%.

Future demand for student property is likely to increase as latest UCAS figures show that student applications have gone up. The number of applications by EU and international students for university places in the UK increased to over 100,000 for the first time in 2018, a rise of almost 8% compared to last year. From this it can be seen that Brexit is irrelevant to students looking to further their studies, and the UK remains a popular place due to the reputation it has for quality tertiary education.

David Feeney, advisory associate at Cushman & Wakefield explains, “The UK is still a global education hub, attracting the best students from around the world. Even with Britain’s exit from the EU progressing, the relatively weak pound has attracted additional applications from non-EU students, with their numbers rising 5% over the last year. It is a key market, as 23% of the UK student population is now from overseas.”

Healthcare

Healthcare real estate investment hit record prices in 2017, reaching double (£1.4bn) that of the whole of 2016 (£720m) in just January to October. A majority of investments went into commercial care homes, far surpassing the rest of the healthcare sector.

Healthcare Investment Volumes for 2016 and 2017 (CBRE)

The large disparity of care home supply and demand has driven investments in this area. The UK’s population is ageing rapidly and existing facilities are already unable to cater to the current demand. There is also a lack of support for sufferers of dementia, a demographic which is also increasing rapidly.

We can see more real estate investment trusts (REITs) starting to focus on this in 2018 and beyond. AXA’s acquisition of Retirement Villages and L&G’s acquisition of Inspired Villages and Renaissance Villages were all purchases involving established operators with development pipelines.

Conclusion

The current uncertainty in the air continues to dampen confidence and growth in the UK’s economy. Currency-induced inflation has not yet fully dissipated, slowing consumer spending. Yet, as we have said previously, the weak pound has attracted a good number of international real estate investors to the UK, increasing demand for property. The weak sterling provides investors with a great opportunity to get into the UK property market right now, and cash in later when the market regains its footing.

Certain sectors like commercial student property and commercial elderly care homes are Brexit-proof due to the high demand and low supply, regardless of whether the UK does or does not exit the EU with a deal. These sectors also have the advantage of being accessible to the individual investor and not just REITs, with their availability to be purchased in affordable units.

Article by Ian Choong

  • http://fortune.com/2018/04/16/patrick-stewart-brexit-second-peoples-vote/
  • http://www.irishnews.com/news/worldnews/2018/04/16/news/boris-johnson-draw-upon-star-trek-catch-phrase-to-defend-brexit-1305065/
  • https://www.ft.com/content/d0e520be-cf6b-11e7-b781-794ce08b24dc
  • http://valuedinsights.cbre.co.uk/uk-student-accommodation-storylines-applications-affordability-and-appetite-from-investors/
  • CBRE Brexit Guide for Real Estate Decision Makers
  • https://csiprop.com/brexit-uk-property-outlook/
  • https://csiprop.com/international-applications-to-uk-universities-hit-record-high/
  • https://csiprop.com/press-release-silver-lining-behind-brexit-for-malaysian-investors/
  • Feature image: offshorelivingletter.com

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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UK Millionaires Say Wealth Starts with Property

UK Millionaire Gill Fielding on her wealth: “My wealth has come gradually and organically — starting with property. 

“The quickest and most reliable way to financial freedom is through investing in property, which we see time and time again through the results that our property-investing students achieve.” — Gill Fielding, UK millionaire & wealth management guru

How to be a millionaire: Top 5 reasons why investing in UK property could be your best option

Meet Gill Fielding, expert at all things UK property and founder of Fielding Financial, a UK-based company that specialises in providing financial planning, wealth management and mortgage solutions — did we forget to mention her millionaire status?

Fielding provides the following summary of her well-earned affluence:  “My wealth has come gradually and organically – starting with property.”

The qualified chartered accountant co-founded Fielding Financial on the basis of a personal mission: to educate the nation in managing and improving their own financial position. The company strongly believes that the quickest and most reliable method to attain this is through property investment, especially in the UK, where Fielding herself has invested in multiple projects. Take a peek at UK’s property outlook for 2018 and see why the property market there will continue to prosper and fetch great yields well into the future.

It goes without saying that a great number of investors have also acquired wealth through the same means as Fielding; a closer look at various types of investments shows that the odds truly are in your favor when investing in property (in the right places, of course). Oh, and in case you didn’t know, the three best buy-to-let hotspots in the UK that are set to offer the most competitive returns in 2018 are Manchester, Liverpool and Gateshead — something we have said so over and over in the past. 

Fielding Financial: Why Property Investment is the Best Option to Supplement Your Income

Fielding Financial has listed 5 key reasons why they believe property is the safest place to put your money (and they are very convincing, to say the least):

1. Investing in property puts you in the driver’s seat, while others do the work

Even though you may subcontract the management of the property to others, you’re in charge of the process and get to decide how and when things are done.

2. Residual income earned through rent yields higher returns than other investments

As a property investor, you’ll earn more money through rental income than if your money was in a high-interest bank account.

3. Anyone can become a property investor, even without personal start-up capital

The beauty of property-investing is that anyone can do it, even with no start-up capital.  Experienced agencies can teach you how to get started, even if you don’t have a deposit.

4. Fantastic capital gains

Properties are always in demand because there is a huge undersupply of homes in the UK. This means that even when there is a dip in the market, property prices often quickly bounce back up.

5. It allows you to leave a wealth-generating asset to your children

Due to the high demand for rental homes in the UK, a property portfolio can give your children (and future generations) a guaranteed income that a pile of money can’t provide them.

Property investment saved Rob Moore from debt and made him a millionaire. Image from BT

How to Invest in Property Successfully According to Rob Moore

Fielding’s fellow Brit and property millionaire, Rob Moore shares a common goal with her: to help bring to light the immense potential of the property market.

Moore’s story is a compelling one. Investing in UK property had not only saved him from a £50,000 debt; it generated enough income to transform him into a major property millionaire.  And it all started when a gallery owner urged him to attend a property networking event, insisting that most people on the rich list are in property.

True enough, Moore now stands among the wealthy, with many people looking up to him for financial guidance. Here are some of his tips for success, serving as a guide for beginners and a reminder for experts.

1. Have a clear financial plan and money bucketing systems

Decide what percentage of your income you will live off, save and never touch, then invest. After your income increases, change your plan accordingly; the challenging part, of course, is to never break these rules.

2. It is never too late to start but always too late to wait

Get perfect later, start investing and learning now!

3. Continually invest in yourself

Listen to podcasts, read books, take up courses and consult experts  — the more you learn, the more you earn!

These are sound tips, and the last point is particularly noteworthy: knowledge and research are key to successful investments! If you are interested in learning more about these millionaires’ takes on property investment, here are links to their latest books on the subject:

Gill Fielding – https://www.fieldingfinancial.com/landing-pages/property-puzzle-book-newbook/

Rob Moore – http://unlimited-success.co.uk/progressive-multiple-streams-of-property-income/

Ready and looking to invest in your first (or second or nth) property overseas? We’re here to help you invest (and possibly become a millionaire if you aren’t already). We have fabulous portfolio of Australian and UK residential and commercial property to choose from. Call us!  


Sources:


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Fowler Strikes Again In The UK Property Market

EPL football legend Robbie Fowler joins an established group of athletes to invest in the lucrative UK property market.

Recent news highlights Liverpool FC legend, Robbie Fowler, directing his attention towards building a property empire. In keeping with its slogan, “Build a property portfolio without the need of a footballer’s salary”, the Robbie Fowler Property Academy is holding a string of events in London this week to provide the average Brit with the necessary guidance to score in the property market.

Once acclaimed for his ability as a striker to string ball after ball into goals (he is the sixth-highest goal scorer in the history of the Premier League!), Fowler now owns and rents out a string of homes and apartments in Liverpool, Cardiff and Scotland. The ex-athlete is entrusting the property market to retain his fortune — £31 million to be exact — after leaving behind an illustrious football career.

So what does this major football star see in UK property investment?

After circulating the market, Fowler came to a definitive conclusion: “What the trained investor knows over and above everybody else is that there is money to be made in property.”

Many athletes investing in UK property market 

This ideology among football stars is not the first of its kind. Fowler joins an already established group of athletes who seek great yields from the UK property market.

Members of Liverpool FC and Arsenal FC have put club rivalries aside to invest their vast wealth in the property development business. Luis Suarez, Lucas Leiva, Jose Enrique, Mikel Arteta and Santi Cazorla are, today, the  directors of a Manchester-based company, Capital and Centric, which focuses on purchasing old buildings and developing them into private rented homes.

According to The Times, Capital and Centric, which has a number of other investors alongside the footballers, has already raised £50 million in equity. The money will be used  to purchase and develop residential property in Manchester, Liverpool, Birmingham and Bristol, with the hope of generating returns of between 8 and 10 percent a year while creating a £250 million property portfolio.

Additionally, Marcus Rashford, one of Manchester United’s younger players, has set up a property firm (Mucs Properties Ltd) to help him invest the fortune he has gained throughout his career. The sportsman, said to be following in the footsteps of fellow English footballer Dele Alli, is to buy homes to rent in northwest England.

Join Robbie Fowler and Luis Suarez – invest in the UK property market

The UK property market seems to be attracting quite the distinguished cohort. Evidently, it has proven time and time again to be the steadiest form of investment there is.

Even with Brexit on the horizon, recent data from ONS shows a steady growth in house prices throughout the UK; high demand for housing continues to strengthen the property market.

Also worth noting are the areas in which Fowler and his fellow athletes are focusing on — Liverpool, Manchester, Birmingham and Bristol are subject to impressive house price growth rates.

Should the idea of investing in UK property pique your interest, you can head over to https://csiprop.com/our-uk-projects/ to see what we offer and how we can help!

After all, you can build a property portfolio without the need of a footballer’s salary!

Article by Nimue Wafiya

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Manchester & UK Regional Cities Lead Property Price Growth

Image credit: http://dailym.ai/2BG4GFG

The latest census on UK property price growth has been released by HM Land Registry and Office for National Statistics (ONS), showing tht UK regional cities top property price growth in the country.

It also shows a promising annual growth rate of 5.2% recorded in the month of December, 2017 — a 0.2% increase from the previous month. The average house price in the UK stood at £226,756 in December, approximately £12,000 higher than in December, 2016 and £1,000 higher than last month.

Regionally, the Southwest, which includes the cities of Bristol, Plymouth and Salisbury, earned the best track record, with the highest annual growth rate of 7.5% approaching the month of December.

The Southwest is followed by the West Midlands, which includes the city of Birmingham, with an  annual growth of 6.3%. Meanwhile, the East Midlands also recorded similar property price growth levels.  

London experienced the lowest annual property price growth, at 2.5% — on the bright side, those looking to purchase homes in London for possible stay can enjoy affordable prices while they last.

Rising rates in the South West, East Midland and West Midland show positive outlooks for areas outside London (Img source: http://bit.ly/2C045Ql)

James Cameron, director of estate agency Vesper Homes, said landlords are selling up in London and looking for buy-to-let opportunities elsewhere, which is benefiting first-time buyers in the capital.

“Landlords are therefore selling up so they can invest outside of London or trade up to a larger property which frees up the smaller ones for first-time buyers,” he said.

Property price growth: what this means for investors

What can be derived from recent trends seen in areas outside England’s capital is that the regional market holds the greatest appeal to the savvy investor.

Savills identifies Birmingham, Manchester and the overall Northwest as the top places for buy-to-let investors, with the highest comparative returns. They predict a 4.5% average annual return for Birmingham and Manchester, and 4.1% for the Northwest. Mortgage brokers Private Finance place Liverpool at the top for nett rental yields in 2017 once mortgage costs are taken into account, at a whopping 8%.

Price change by local authority for the year till November 2017 (Source: Gov.uk)

While house prices in London remain the highest, the affordability and potential of regions outside London make investing in property outside the capital so much more attractive.

Addressing the elephant in the room

While Brexit continues to amass uncertainty within the property market, the house price growth indicates resilience in the housing market supported by the undersupply of housing in the UK.

Recent news regarding property in London illustrates the housing crisis. Micro-flats, housing units that can take up as little as 31 square meters in total, show the extent to which the UK must reach to meet the demands of a growing population.

Just this month, the Mayor of Watford, Dorothy Thornhill, voiced her concern after the council learned it might have to double the amount of houses it must build as part of the latest attempt by the Government to tackle the nationwide housing crisis.

In Birmingham, last month, a plot of land previously caught in a “store-wars” battle between a shopping centre owner and supermarket giant Sainsbury, has finally been claimed by Seven Capital, a property investment company in the UK. The plot of land, between Sutton road and Orphanage road, is being converted into new apartments, undoubtedly a consequence of critical undersupply of houses currently affecting the city.

Late last year, it was reported that the dire undersupply of houses in Brighton and Hove would scarcely be supported by the Prime Minister of England’s solution to deliver 5,000 houses a year throughout the UK, which would bring only around a dozen new houses to the previously mentioned areas. This leaves room for private developers to establish themselves where demand is exceptionally high.

The housing market in the UK is still growing and you can be a part of it – should the positive outlook on the property market in the UK pique your interest, do contact us to get involved.

Article by Nimue Wafiya

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Cadbury, Our Chocolate Fantasies & Investing Practically

The best form of non-fiction is arguably the memoir — who wouldn’t want to know how Obama did it? From Anthony Kiedis’ wayward history in ‘Scar Tissue’ all the way to Frank McCourt’s harrowing upbringing in ‘Angela’s Ashes’, everyone seems to have lived long, tough and stupendous lives.

Yet, as monumental as these memoirs are, there may never be a story quite like the experiences of the lucky people who get to eat chocolate for money. Yes, for. At £9 per hour, to be exact.

If you haven’t heard, Cadbury, the second largest multinational confectionery company in the world, recently announced the yummiest news: they are looking for chocolate tasters to taste-test their latest inventions in Reading, UK,  before the products hit the shelves! Talk about doing what you love for a living; chocoholics finally get to embrace their ikigai.

As deliciously nuts as this news may sound, the UK is no stranger to unconventional occurrences like this. With the upcoming cheese festival in Reading, anti-Valentine’s day events in London and the annual sheep race that happens in Yorkshire, the UK pretty much has it all!

Because of the excellent job market (as illustrated by Cadbury), education market (we know this) and overall communal togetherness in the UK (people are nice), the UK property market  is allowed to flourish.

Like Cadbury, the UK property market can give you just as many sweet returns; a long list of satisfied local and international investors can vouch for this.

While the UK property market has taken some minor hits from the looming Brexit, recent price recoveries reveal its resilience in the face of political and economic upheaval.  And, unlike the volatile stock market, property, when invested in the right places, is known for its comfortingly steady returns!

CBRE’s 2018 Market Outlook forecasts continuing economic growth for the UK despite the uncertainties caused by Brexit. The report states that those uncertainties are likely to peak this year.

Underpinning the property market is the fact that there is a chronic undersupply of houses that will undoubtedly support price growth. Simply put, UK property prices are, in a way, a barometer to gauge the UK property market. To illustrate, here is a slightly more in-depth view of the current state of the property market in the UK:

The Royal Institution of Chartered Surveyors (RICS) expects prices to drift higher in some parts of the UK with the strongest gains in Northern Ireland, Scotland, Wales and northwest of England, which includes cities such as Manchester, Sheffield, Liverpool and Newcastle. But, a slump in asking prices across London and the South East will drag down prices in the rest of the UK so that overall growth remains flat.

The Government recently announced its ambition of building 300,000 homes a year in the Autumn Budget alongside a tranche of policies aimed at increasing the UK housing supply. However, RICS said that as many of these measures won’t come into effect until the mid-2020s, they will do little to alleviate the immediate housing crisis.

Which means that demand will continue to uphold price growth in the housing market. 

Back to Cadbury and its offer of a job of a lifetime — application closes on Feb 16 🙂 Time to get cracking on that resume. But if you’re not in a position to do so and want to invest in property instead, we can help you with that 🙂

Article by Nimue Wafiya

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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UK Property Outlook 2018

In 2017, low mortgage rates and healthy employment growth continued to support demand for property, whilst supply constraints provided support for house prices. However, this was offset by the looming Brexit and mounting pressure on household incomes, which exerted an increasing drag on confidence as the year progressed.

As we go into 2018 with no indication that a Brexit deal is about to be reached, some uncertainty still plagues the property markets. Nevertheless, investor confidence has returned, as can be seen from the recent price recovery. In this article CSI Prop analyses the current trends and predictions of the property market for the year.

CBRE’s 2018 Market Outlook forecasts continuing economic growth for the UK, despite the uncertainties caused by Brexit. The report states that those uncertainties are likely to peak this year.

Some sectors will weather the uncertainty well, including industrials and the so-called ‘beds’ sectors (build-to-rent, hotels, student accommodation and healthcare). This is because these sectors exhibit non-cyclical characteristics, or serious mismatches of supply and demand, or some form of structural change.

In its annual market housing forecast, the Royal Institution of Chartered Surveyors (RICS) said that house price growth in the UK would slow with the number of transactions falling slightly, driven by political and economic uncertainty surrounding Brexit and the lack of available stock.

However, despite these factors weighing on the market, the chronic undersupply of housing is likely to support prices, the organisation said. RICS expects prices to drift higher in some parts of the UK with the strongest gains in Northern Ireland, Scotland, Wales and the northwest of England, which includes cities such as Manchester, Sheffield, Liverpool and Newcastle. But, a slump in asking prices across London and the South East will drag down prices in the rest of the UK so that overall growth remains flat.

The Government recently announced its ambition of building 300,000 homes a year in the Autumn Budget alongside a tranche of policies aimed at increasing the housing supply. However, RICS said that as many of these measures won’t come into effect until the mid-2020s, they will do little to alleviate the immediate housing crisis.

 

Residential property to increase across UK

In 2018, the Office for Budget Responsibility expects a 3.1% increase of house prices across the UK, with prices bolstered by first-time buyers benefiting from the stamp duty cuts. Countrywide, the biggest agency in the UK, thinks prices across the country will go up by 2%. More conservatively, real estate firms Savills and JLL both predict a rise of 1%.

Of the two big lenders that operate well-known price indices, Nationwide said it expected property values to be broadly flat in 2018, with perhaps a marginal gain of around 1%. Halifax allowed itself some wiggle room, predicting UK growth from 0% to 3%.

However, in January 2018, the market has, so far, outperformed expectations. Rightmove stated that the average price of a property coming on to the market has gone up by nearly £2,000 compared with last month.

The Office for National Statistics (ONS) reports that the average house price in the UK as a whole was £226,000, up 5.1% YOY.

Average UK house prices from January 2005 to November 2017 (Souce & credit: ONS).

Russell Quirk, chief executive of online estate agent eMoov, is broadly optimistic about the market in 2018: “UK house prices are up 5% since last December and we predict that they will continue to increase at a similar rate in 2018 as the market has already begun to find its feet again.”

Public confidence in the market has risen beyond initial forecasts, and we think that the outlook for the market, as a whole, is positive.

 

London property charts weak growth

Homes in the capital sold for an average of £482,000, an increase of 2.4% (£11,000) in 2017, according to the latest figures from Land Registry and ONS.

London’s house prices remain the highest in the country but the capital continues to experience the weakest price growth as buyers continue to be held back by affordability constraints.

Richard Snook, senior economist at PwC commented: “Continuing the recent regional trend, London is the weakest performer. House prices have now declined for four consecutive months, from the high of £490,000 in July to £482,000 in November.

“But due to growth earlier in the year, prices are still 2.3% higher than 12 months ago,” he said.

 

Regional markets

The strong 5% (£11,300) increase in house prices was thanks, in part, to strong annual growth in the regional markets.

This increase was led by the West Midlands region, where the average sold price was £192,000, which is 7.2% higher than a year before.

Manchester had one of the highest price growths, up 12.7% with an average sale price of £175,312, whilst Liverpool gained 10.8% (£131,707). Sheffield was up 8.1% (£160,974) with Birmingham at 7.8% (£177,728). London was a drag on overall growth, with the central city having a drop of 10.9% (£729,134).

Annual Price Change by local authority, year to Nov 2017

The figures also showed rises in lending to home movers and remortgaging, despite the Bank of England’s decision to raise the base rate to 0.5% last November.

“The data shows housing market activity remains buoyant, despite November’s rise in the base rate,” said Paul Smee, Head of Mortgages at UK Finance.

“Steady increases in lending for house purchases together with increases in homeowner remortgages reflect a keenness among consumers to benefit from still historically low interest rates, and a highly competitive marketplace,” he said.

Meanwhile, the B16 postcode — Ladywood, in Birmingham, named last year as having the highest levels of child poverty in the UK — has seen the sharpest rise in property prices, according to Barclays Mortgages. They rose by 17% in 2017, as buyers snapped up cheap homes. The Office for National Statistics says Brum lured 6,510 Londoners last year, with 5,280 going back to the capital, thanks to employers such as HSBC and HS2 expanding in the city.

Hometrack says that in Glasgow, Liverpool and Newcastle, the current house-price-to-earnings ratio is lower than the 15-year average, which makes them good value ahead of likely increases in the longer term.

Savills identifies Birmingham, Manchester and the overall Northwest as the top places for buy-to-let investors, with the highest  comparative returns. Image credit: propertyreporter.co.uk

Rental yields

The buy-to-let market has faced tougher taxes and mortgage affordability criteria over the last year. The introduction of the stamp duty surcharge on additional property, changes to tax relief and tighter lending criteria have cut into landlords’ pockets.

According to UK Finance, the number of buy-to-let mortgages granted for purchasing a property was 75,300 in the year to the end of August 2017 – 47% lower than in the year to March 2016. The growth in the number of outstanding buy-to-let mortgages is lower still, at just 24,800, and there is evidence that some investors are shedding stock.

However, irrespective of the support provided by the Bank of Mum and Dad and Help to Buy, little has changed for the deposit-constrained first-time buyer and the demand for rental stock will continue to grow.

Savills identifies Birmingham, Manchester and the overall Northwest as the top places for buy-to-let investors, with the highest comparative returns. They predict a 4.5% average annual return for Birmingham and Manchester, and 4.1% for the Northwest.

Nett rental yields in 2017 once mortgage costs are taken into account (Source: Private Finance)

Comparatively, mortgage brokers Private Finance place Liverpool at the top for nett rental yields in 2017 once mortgage costs are taken into account, at a whopping 8%. Manchester here is in fourth place at 4.3%.

With lower supply, and increasing demand as house prices continue to be out of reach for the majority of first-time buyers, the buy-to-let market remains lucrative for investors.

We see the property market as a whole on recovery from Brexit in 2018, and investors can get the best returns from investments in the regional markets.

Article by Ian Choong

CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and commercial property including student accommodation and carehomes, in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc) and Australia (Melbourne, Perth, Brisbane). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260

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Top 5 Places to Invest in UK Now

Here are top 5 places to invest in the UK now according to http://bit.ly/2w3SlZL

News Update: Political turmoil, stamp duty issues and Brexit have an effect on the housing market in the UK this year. Yet, house prices are still on the rise, with the average price of a UK home now 10% above the Aug 2007 peak at £219,266. This is 42% higher than the low point of £154,663 in April 2009 according to Halifax. So, where is the top 5 places to invest in the UK now for great returns?

The key to finding the best places to invest is by observing the infrastructural changes and investments that go into a particular area. We have constantly stressed the importance of this factor to many investors as investments into an area indicate potential developments and expansion, as well as possible job creation. This will increase the number of people coming into an area, which will, in turn, increase the demand for housing. Simple economics dictate that with the increase in demand — especially if the demand overrides supply — comes an increase in price for the entity in demand.

A recent article published on a news site in the UK has identified the top  Here are the top 5 places to invest in the UK in 2017, according to Express.co.uk, a news website in the UK.

Pricing across Liverpool is expected to rise as the city undergoes several housing regeneration schemes including the Liverpool docks. Image credit: http://bit.ly/2vCeblN

Liverpool

Pricing across Liverpool is expected to rise as the city undergoes several housing regeneration schemes including the Liverpool docks. The L1 postcode is a great example – house prices have risen by a whopping 41.2%!

Meanwhile, the student population in Liverpool has given the city the second highest rental yields in the UK, just behind Manchester, due to the combination of low house prices and high rental values. Clearly, student investment is particularly profitable in this city.

Salford, Manchester is the home to MediaCityUK. The area is also a popular option for rental. Image credit: mediacitydaily.co.uk

Salford, Manchester

Over 60,000 people work in the creative and digital industries in Greater Manchester, and that number is forecast to grow by 27% by 2034. What’s important to note also, is the 70,000 students who come to the city each term, with Salford being the popular option to rent. Yields are higher than London and the arrival of the HS2 will add to this appeal.

Just in case you didn’t already know, many corporations have moved their headquarters to Manchester; ITV and BBC have now set up base in Salford. The recent £1 billion investment into Salford MediaCityUK only goes to affirm Manchester as the biggest tech and creative centre outside London.

Boxpark is constructed of stripped and refitted shipping containers, focusing on small independent retailers to create a unique shopping and dining experience. Boxpark Croydon transforms the quality of the retail and leisure offer in Croydon and is expected to draw customers and new businesses from across South London, Surrey and Sussex. Image credit: http://bit.ly/2uRtc0o

Croydon

This London borough has enjoyed a resurgence in its reputation in recent years. Croydon has fast become the “Silicon Valley of the South” with over 1,000 new start-ups coming to surface. The introduction of Boxpark and the upcoming Westfield shopping centre will further increase investment into this area.

Many first-time buyers are already flocking to the area and prices are believed to have risen by 20 per cent in 2016 according to Rightmove figures, the highest rise in the UK. Nonetheless, prices still sit about  £185,000 below the capital’s average, but demand is expected to increase, as is the price!

Basingstoke has a thriving employment sector attracting global companies like Sony and Barclays, and with 66% of its residents working in the town itself. Image credit: http://bit.ly/2x68pGZ

 

Basingstoke has a thriving employment sector attracting global companies like Sony and Barclays, and with 66% of its residents working in the town itself. Image credit: http://bit.ly/2x68pGZ

Basingstoke

Basingstoke has a thriving employment sector attracting global companies like Sony and Barclays, and with 66% of its residents working in the town itself. It also enjoys the highest concentration of digital businesses compared to overall businesses in all of the UK. That, and the upcoming regeneration and redevelopment projects in the area is sure to increase Basingstoke’s stock.

Change is coming to Wood Green thanks to revitalisation efforts and the upcoming Crossrail 2. Image credit: http://bit.ly/2uJTiqi

Wood Green

Situated just west of Tottenham, Wood Green’s house prices are considerably more modest than those in areas around it such as Muswell Hill and Crouch End. Prices in Wood Green is expected to rise, thanks to the targeted £3.5 billion investment to revitalise the town centre and the redevelopment of over 25 sites to facilitate more restaurants and cafes. Wood Green is also a hotspot zone for Crossrail 2 as connectivity is beefed up. Transportation transit points normally beef up the housing area closest to it.


CSI Prop proudly promotes international investment property with high yields at low risk. Our portfolio comprises residential and purpose-built student property in cities across the United Kingdom (London, Luton, Manchester, Liverpool, Newcastle, York, Glasgow, Scotland; Sheffield, etc); Australia (Melbourne, Perth, Brisbane) and Thailand (Bangkok). Our projects are concentrated in high-growth areas with great educational, infrastructural and job growth potentials. We aspire to make a difference in the lives of our clients by helping them achieve their investment goals through strong market research backed by third party experts and due diligence. 

Disclaimer: CSI Prop does not provide tax & legal advice and accepts no liability. Readers are encouraged to consult a qualified tax or legal advisor for a thorough review.

Need advice or clarification? Call us for more information and/or to find out about our projects! Hotline: 03-2162 2260