The UK isn’t short of data on the property market. Indeed it might be a case of TMI – too much information – when you consider that at least ten different organisations produce house price indexes. But two official stats are a good place to start when collecting data for UK property investment.
With lack of space and millions of people on the move each day, transport is a vexed issue for many British people trying to get to work on time. For investors, property near transport hubs seem to offer good returns. For home buyers, they offer exciting new developments that are great for commuting. Here are a few infrastructure projects to consider.
Before you call a British estate agent, you’d better bone up your estate agent terminology. Read our guide to types of property in the UK and you won’t get your semi mixed up with your maisonette. Even more importantly, what is the average price for each property type?
While many UK buyers are heading to the continent before Brexit to ensure they don’t miss out on their European Union rights, many others are heading the other way. The weakened pound means that while Brits heading south are counting the cost, those coming home are cashing in! If you’re returning to the UK and buying property, you’ll benefit from a great exchange rate and a buyers’ market.
International buyers have flocked to the UK property market in recent years. According to figures compiled by estate agents Savills, London has been the number one destination for cross-border investors in residential property over the past decade. And this trend shows no signs of letting up, with overseas investors snapping up 3,600 of London’s 28,000 newly built homes between 2014 and 2016.