I’ve mentioned it before on this blog but the Hometrack City index is worth another look. Not least because it’s monthly and coincidentally the latest results popped into my inbox this morning. If you really want to know what’s happening with house process in the UK, and at a micro level, this is the index.…
The RICS (Royal Institution of Chartered Surveyors) have speculated in their latest report that rents for investment properties and buy to lets will increase over the next few years as more and more landlords pull out of the PRS (private rented sector). In fact they think that over the next five years rent increases will outpace…
Ok, there’s a bit of artistic licence there but the Hometrack UK Cities House Price Index for July 2017 has just come out. As I’ve said before, if you want to know what’s really happening in the UK market, and not rely on general stats and indices, this is the one to watch. Hometrack are…
There’s an interesting report out, prepared by the Resolution Foundation think tank, and reported by the BBC News website. Summarising the BBC summary, it says 1 in 10 adults owns a second home or investment property (and which includes those who own multiple second homes and investment properties) whilst 1 in 4 adults don’t own any property. Interestingly it…
I’ve met quite a few (new or would be) buy to let property investors recently who seem to assume the days of buy to let are over. But despite the governments “attack on landlords” I think buying property to rent out is still one of the best property strategies to get into. Peter Jones B.Sc…
“House prices up by £15,000 Investing in property is the best way to save say experts.” Interesting that the Daily Express regularly put this kind of stuff on the front page. As property investors we need to get the fundamentals right and buy firstly for cash flow, then for capital growth, but it’s nice to…
The RICS predict there’ll be a shortage of buy to let investment properties to rent out, because of Government policies to discourage landlords and property investors. The result? Rents to rise faster than house prices over the next 5 years. Well, we’ll see. Will it encourage the Government to change policy and stop disincentivising investors…
The Government has just published the White Paper on how it’s going to fix the ‘broken’ housing market. Puts a bit more pressure on developers but crucially doesn’t seem to address the real problem of a jammed up planning system. Still, it gave a few commentators and politicians a chance to have a cheap shot…
In this short series of posts we are thinking about whether the property market is poised for recovery and whether there is any evidence that the recovery has started. One thing I have noticed is a much larger number of estate agents ‘Sold’ signs, and far fewer ‘For Sale’ signs, in my local area. The…
In the last post we looked at some of the evidence which may suggest that the property market is poised for recovery. There certainly seems to be grounds for optimism although we’re a long way from being able to suggest that a property boom is imminent, more likely a gradual increase in confidence, leading to…