HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Below is the summary of measures announced by Chancellor Rishi Sunak in the Budget.
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.
Higher rental values were recorded in almost every region of the UK, rose by an average of 2.1% in September. The average monthly rental of new tenancy in September was £927 compared to £908 in the same month of last year. Compounded by the fact, the demand for rental properties will remain high.
● 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
Rental growth has accelerated over the last 12 months from an
annual rate of less than 2% in July 2021 to 12.3% today. The average rent increased by £115 per month since last year.