Could the first time buyers property market finally be starting to shake the stagnancy it’s been suffering for the past decade or so and finally start moving again?
As the chaos over Brexit – and within the Tory party itself – intensifies the future of Britain’s industry and its markets become more of a guessing game than ever.
Planning officials of the UK’s second city, Birmingham, have recently endorsed and approved the plans for a new city centre redevelopment housing project, Monaco House. Comity members of the city council’s planning department unanimously approved planning consent.
Another way to avoid the cuts in landlord mortgage interest tax relief would be to not have a mortgage at all ie to pay for a property by cash.
Potential real estate investors looking for a hands-off Liverpool property investment are focusing their attention on units in a brand new state-of-the-art purpose-built student development
According to the latest Rightmove Rental Trends Tracker, landlords in the East Midlands are charging an average 2.7 per cent more than the same period last year, while rents have increased by two per cent over the last quarter.
Over the last few years, a storm of Government changes has affected the Buy-To-Let market and its investors. Changes such as the 3% stamp duty surcharge on second properties and the reduction in mortgage interest tax relief have meant many investors have turned away from this type of investment.
During a recent conference where Theresa May announced reforms to planning rules, the prime minister suggested that house builders are to blame for the UK’s chronic housing shortage, but Berkeley, one of Britain’s biggest housebuilders
In recently revealed data by Halifax, house prices within London were one of only two areas within the United Kingdom to fall in March. Historically, London’s property market has been one of the strongest in the world, attracting millions of investors to take advantage and make great gains.
Edifice Invest discusses a booming Birmingham Investment and the period of significant change the UK is currently undergoing. We discuss the growing sense of optimism across the West Midlands region which is critical to how investors turn uncertainty into success.