Spending Review disappoints property industry
Early in September, Chancellor Sajid Javid announced extra funding for local authorities, but the property industry has expressed disappointment that the Spending Review did little to benefit housing and planning.
For full briefing click here. Residential Property Review September 2019
GREEN-FINGERED INVESTORS MAY SEE THEIR PORTFOLIOS FLOURISH
Just as a garden will fail to thrive if it is neglected, an investment portfolio will underperform if investors take a laissez-faire approach to their finances. Like gardeners, investors must put time and effort into growing their portfolios and sowing the seeds for future success.
For full briefing click here. Your Wealth Autumn 2019
MARKET BEHAVIOUR “LITTLE CHANGED” AS BREXIT HEADWINDS REMAIN
The UK Commercial Property Market Survey for Q2, conducted by the Royal Institution of Chartered Surveyors, reports that demand is still solid across the industrial sector and that further growth in capital value is expected across both the prime industrial and office sectors over the coming year.
For full briefing click here. Property Market Review August 2019
EMPLOYMENT AT NEW RECORD HIGH
The latest batch of employment data released by the Office for National Statistics (ONS) shows that the UK labour market remains in robust health, with the total number of people in work rising to another high record.
For full briefing click here. Economic Review August 2019
A new era of renting – Build to Rent
A relatively new category in the rental market, Build to Rent, saw total investment of £2.6bn in 2018, an 11% increase from 2017 and it looks likely that this sector will continue to grow quickly.
Whilst home ownership remains an aspiration for many, figures show the private rented sector remains strong, growing from 3.7 million in 2009 to 5.4 million today, with many home-hunters choosing to rent long-term, often due to affordability and flexibility.
For full briefing click here. Residential Property Review August 2019
THE INTERGENERATIONAL FAIRNESS DEBATE – PEERS MAKE RECOMMENDATIONS
The deal between young and old to support each other through life could break down because of major problems with housing, work and tax. This was the conclusion reached by the House of Lords Committee on Intergenerational Fairness and Provision following a 12-month parliamentary inquiry.
For full briefing click here. Your Wealth Summer 2019
Average earnings of £54,000 required to buy a home in the city
Property website, Zoopla has released data to show that first-time buyers now need an average income of £54,000 to purchase a typical property in a UK city. This average income figure has risen by 9% since 2016, largely due to higher property prices.
For full briefing click here. Residential Property Review July 2019
HOW GOAL-BASED INVESTING HELPS PEOPLE OF ALL AGES PLAN THEIR WEALTH
What do your want your wealth to achieve for you? Most of us will have a variety of financial goals that we are keen to pursue at different points in our lives. These can often include major life events such as putting down a deposit on a property, paying for school fees, a trip of a lifetime or being able to retire at a particular age.
For full briefing click here. Your Money Summer 2019
Subdued Q1 for Scottish commercial property
During the first three months of the year, commercial property sales in Scotland totalled £763m, this is a decrease of 21% (£203m), when compared to Q1 2018. The research from the Scottish Property Federation (SPF), has identified that the fall can primarily be attributed to fewer high value transactions, with £5m plus sales down almost a third.
For full briefing click here. Property Market Review June 2019
WHICH SEASON IS BEST FOR SELLING YOUR HOME?
The answer to this is that it depends on a range of factors, but there are some seasonal
trends that can help you decide when to sell.
Estate agents report that typically once the warmer weather arrives and the evenings are lighter for longer, people are more likely to think about moving home, especially if they have school-age children and want to arrange their move around the summer holidays.
For full briefing click here. Your Home Finance Summer 2019