HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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A report by HSBC on the current UK property market, in which key changes in property prices, underlying rental demand, supply and demand, rental trends, and economic uncertainty, etc. are discussed.
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.
Below is the summary of measures announced by Chancellor Rishi Sunak in the Budget.
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%.