HSBC BUY-TO-LET GUIDE TO THE UK MARKET
2016-03-27
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Those with BN(O) status and their eligible family members will be able to come to the UK to live, study and work. After five years in the UK, they will be able to apply for settlement, followed by British citizenship after a further 12 months.
The average rent has now risen above £800 per month across England and Wales.
New research saw average rental figures in July hit £804, up from £789 in the previous month - an increase of 1.9%. This is the fastest month-on-month rise since records began in 2009.
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.
"The Bank of England has raised interest rates from 0.5% to 0.75% after much speculation. Expectations of a strengthening economy, solid employment levels, more consumer spending and the potential for wages to rise have all played a part in the decision." (BBC News)