The rise of rental income
Global real estate company Savills, predicts that capital growth in UK property value will account for just 30% of total returns in the five years 2019 to 2023. This means that rental returns are an essential factor in any shorter term investment (making up 70% of projected total returns across the market) and highlights the importance on rental returns over the appreciating value of a property.
A good time to Invest...
Unpredictability of the current political situation has left many people with a wait and see approach and has resulted in falling property values in sime areas. The UK housing market is particularly difficult to anticipate, nobody is able to accurately predict how the coming year will unfold.
300,000 new homes per year needed to prevent housing crisis...
Something is for certain though, there is demand. The UK Government have stated that 300,000 new homes will need to be constructed every year to meet current demand and help to mitigate the growing concerns of a housing crisis. Currently, the UK needs to increase house delivery by 25% to meet this target.
Posted: Mon 02 Sep 2019