HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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UK house prices are up +8.1% in the year to October, taking the average UK house price to £259,100. Of the UK’s largest cities, Nottingham has the highest price growth at +10.9%.
Hong Kong residents are buying more houses and apartments to lease out for income in Britain, and have became the fifth largest foreign investors in central London as of last August, driving up prices in some popular districts outside the UK capital.
The number of applications from China and Hong Kong rose from more than 17,000 last year to 21,000 this year. Student tenants are increasingly an important group for the property market.
● 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
Altrincham in Trafford, Greater Manchester has been named The Sunday Times' Best Place to Live in the UK 2020, with first-class food and drink, a great community, a thriving outdoor market and two of the best schools in the northwest.