HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Rising demand and a lack of new homes coming to the market for sale will keep an upward pressure on house prices in the near term, especially in the more affordable parts of the UK. Liverpool city has annual growth running at a 15-year high.
New research has found that as cities such as Manchester, Birmingham, Nottingham and Edinburgh develop their travel network, house prices in the immediate areas increase, with an emphasis on growing tram links.
According to a recent report, around 5 million UK households, or 21% of the total, are in private rented accommodation. This is set to rise to 5.79 million (or 24%) over the next five years.
Birmingham is a city with a population of 1.2 million approximately and is known as the second city of the United Kingdom Located in the West Midlands region of England, Birmingham is considered to be the social, cultural, financial and commercial centre of the Midlands, and thus becomes a popular investment and moving destination.
● Billionaire Warren Buffett dismisses Brexit fears
● He said Britain's departure from EU had no bearing on his willingness to invest
● He endorses Britain by welcoming chance to invest in 'trusted' system
● He said Britain's departure from EU had no bearing on his willingness to invest
● He endorses Britain by welcoming chance to invest in 'trusted' system