UK property market stumbles in winter and recovers in spring

 

It goes without saying the the UK’s property market will experience a slowdown during the festive season, but what will happen in spring? And where are we headed next?

England’s property market increased annually by 7.4% dut decreased by 0.1% on a monthly basis.

https://www.buyassociation.co.uk/2016/12/14/uk-property-can-trump-brexit-couldnt/

England’s success story for 2016 would probably be in the country’s East where property prices increased by 12.3%, the Land Registry’s most recent house price index data revealed.

The country’s biggest sufferer would be England’s North-East, which experienced the smallest annual increase rate at 2.7% as well as the biggest monthly drop at 1.3%.

eMoov’s founder and CEO, Russell Quirk, commented this year’s developments by stating the following: “After a whirlwind year, property in the UK continues to remain resolute continuing the upward price growth trend, albeit only marginally. Traditionally London and England as a whole are the powerhouses of the UK property market, but with both seeing a decrease in prices over the last month it’s testament to the strength and diversity of the market that prices have continued to creep up across the UK as a whole.”

https://www.buyassociation.co.uk/2016/12/16/pessimistic-brexit-countrys-economy/

The best advice for the next couple of weeks ahead? Spend some time with friends and family and do some research, and then take advantage of your knowledge early next year when the market is coming back, Quirk says.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800

ba-

Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator

.

Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.

Login

Not a member? Sign up for free

UK property market stumbles in winter and recovers in spring

UK property market stumbles in winter and recovers in spring

Example

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.