The property market is back in action. Last week, the British Government announced that people could once again view properties following a market standstill in March, due to the Covid-19 lockdown.
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Tag: UK
As stock investors worry about the extreme volatility of the market, property investors wonder how much of an impact the current Covid-19 pandemic can have on house prices. Read more and learn if this is the time to buy UK property, and how to go about it with the best terms and returns.
The recent Covid-19 pandemic has sent stock markets across the world reeling. US futures and Asian stocks tanked as policymakers worldwide took dramatic steps to cushion the economic blow caused by the outbreak.
The US Federal Reserve and Bank of England slashed interest rates to a historic low of near-zero, with the former launching a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.
Investors are having concerns over the volatility of the property markets, as many countries go into full or partial lockdown to deal with the spread of the coronavirus.
But how much of an impact could current health fears actually have on house prices? The stock markets have fallen dramatically, but compared to property, stocks are largely driven by sentiment.
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A rush in overseas buyers is expected ahead of the stamp duty surcharge enforcement in April 2021.
The UK government has announced an additional 2% surcharge on all non-resident buyers of property in England and Northern Ireland, prompting a potential scramble from foreign investors before its enforcement on 1 April 2021.
What to look out for when you invest in UK property this year.
Brexit has happened. How rosy — or bleak — is the outlook for the UK in 2020? As the UK braces itself for change, we take a look at several fundamentals: population, the economy, and the housing market.
UPDATED 12 MARCH 2020
The UK has had quite an eventful start to the year. Fresh out of a General Election that saw the Conservatives’ win by a clear majority in Dec 2019 (its second in 2.5 years!), the country finally saw Brexit “get done” once and for all — at least, somewhat**.
After three years of Brexit-related hubbub, the crossover from Brexit Day on 31 Jan to 1 Feb was, paradoxically, quite undramatic. Henceforth, what’s left is for the UK to chart new territories while transitioning out of the EU.
Property experts expect a rush from overseas property investors looking to save hundreds of thousands before the new foreigner stamp duty surcharge is introduced in April 2021 . Image by PA.
Time is ticking — and it’s ticking FAST. From April 2021, the price of property will increase significantly for foreign investors, up to hundreds of thousands*!
If you’ve been thinking about investing in UK property, don’t wait too long. Foreign investors have 1 year before prices increase.
Here are 5 things that property investors need to know about the London property market now.
UPDATED JAN 2020
Boris Johnson is now the Prime Minister and he sure has gotten his way to get Brexit done. Talks are going back and forth between the UK and EU, but back in London, it’s pretty much business as usual. Investors are getting off that fence that they were sitting on over the past two years. Looking into London property? Read on.
Manchester remains the No.1 UK city on the Economist Intelligence Unit’s annual Global Liveability Survey for the 9th consecutive year, trumping London and underlining a continued demand by people to live and work there.
Manchester has once again clinched this year’s No. 1 spot of Most Liveable City in the UK, for its ninth year running.
The Economist Intelligence Unit’s annual Global Liveability Survey rated 140 of the world’s largest cities based on factors such as education, social stability, education, infrastructure and access to healthcare.
The survey paints a picture of the appeal and desirability of Manchester as a place to live and work.
Germany’s top magazines show what they think of the new British PM. Image credit: The Times
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UK property investment continues to remain on the radar of investors despite the shifting political landscape in the European continent. For behind all that Brexit brouhaha is a serious housing undersupply — a growing dilemma that continues to drive prices and rents in the UK property market. Which cities have the best rental growth? We examine the top cities in the UK and their corresponding vacancy rates.