HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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annual rate of less than 2% in July 2021 to 12.3% today. The average rent increased by £115 per month since last year.
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%.
Skipton Building Society released recently a list revealing the top 10 most popular postcodes for first-time buyers in 2019. According to the analysis of internal data relating to thousands of Lifetime ISA customers, found that Bristol, followed by Birmingham, Manchester, Leeds, and Reading were the top five most popular places for first-time buyers.
From May 2016 onward, there has been a relatively gentle and almost straight-line increase in house prices, despite the Brexit referendum in June 2016.
Hong Kong properties are among the most expensive in the world. While a 188-square-feet parking space costs HK$5.18M (£518,000 as of 20 June 2017) here, with the same amount of money, you could buy three or four reasonable size city centre properties in the United Kingdom.