After years of solid growth, the British property market faces an uncertain year. But although some buyers will be holding off to see what happens with Brexit, others are seeing it as an opportunity. So what do the leading analysts and specialists predict for UK property prices in 2019, including Rightmove, RICS and the Bank of England?
Until Brexit came along and made every problem seem a bit trivial, one of the biggest issues facing the UK was an overheated London property market. The government responded by forcing some government bodies out to other cities, especially in the north. But many businesses and organisations haven’t needed a shove. Neither have the young people looking to get on the housing ladder. As the London property market has stalled, so the regions are looking relatively attractive for UK property investors too. Here are the new property hotspots outside London.
The British tax office – HMRC – has targeted property investors in recent years. Second home owners, buy-to-let and international investors have all effectively been surcharged, especially with Capital Gains Tax (CGT). What can you do to limit your exposure to Capital Gains Tax in the UK?
When looking at your buy-to-let options in the UK, not all rentals are the same. There is a wide choice of lettings that you could offer. Which you choose will depend not only on your budget and personal preferences, but also on how easy it will be to manage the property. Here we analyse a few types of rental, with the pros and cons.
With Brexit looming and still no sign of a finished deal, luxury property developers are feeling the pinch. The upper end of the property market has long priced out normal buyers, with high-class units selling for eye-wateringly high sums, particularly in London. But, with the number of unsold off-plan homes under construction in the capital sitting at record levels, could there be bargains on the horizon for savvy buyers?