HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Hemel Hempstead is a large town in Hertfordshire, England, located 24 miles (39 km) northwest of London. Hemel Hempstead was named "happiest place to live" in East of England, let's look into the reasons behind it.
Millions of leaseholders will be given a new right to extend their lease by 990 years. Changes could save households from thousands to tens of thousands of pounds. Elderly also protected by reducing ground rents to zero for all new retirement properties.
The average rent has now risen above £800 per month across England and Wales.
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Link Real Estate Investment Trust (Link REIT) announced that it will acquire a property valued at approximately 380 million pounds (equivalent to ~HKD3.7685 billion) in Canary Wharf, London, UK. The Cabot at 25 Cabot Square will be Link REIT's first acquisition of British assets.