Property Investment: UK Remains A Major Hotspot
For years the UK has been an integral part of a booming global property investment market. With cities such as London, Manchester, Liverpool, Bristol, Leeds and Edinburgh it’s no wonder that the world’s property investors look towards the UK market as a source of protection and growth.
Certainly in the years since the pandemic things haven’t risen quite as crazily as they did once that demand had been released, but the market has seen steady and sustainable growth much more similar to the years before the pandemic.
There’s also room for optimism in the wider economy, with inflation falling back towards normal levels and GDP looking likely to rise in the coming months and years.
Good news for embarking in UK property investment
Some new research, released recently, shows that the UK still ranks amongst the top locations in the world for foreign investment into property, with the current fertile environment ranking amongst the reasons.
A recent study by comparison site GetAgent, sheds light on the most in-demand locations to buy a second property in.
Two European countries make the top 3, with Ireland coming top and the UK coming in third for total volume of searches, New Zealand came in second. The comparison site uses analysis via search engine data to show where in the world people were most looking for second homes and put together the list accordingly.
Europe dominates the majority of the list, with contemporaries such as Portugal, Spain, Greece and Malta taking up the other spots.
It’s a vote of confidence in the UK market that will give confidence to investors from across the UK and the world. With prices growing as well as rental incomes and yields, now remains a good time to protect wealth and create passive income through UK property.
The effect of regeneration in the UK
Cities such as Manchester, Salford, Liverpool and Leeds are all great examples where regeneration projects and more progressive planning laws are helping to change the landscape and bring much needed housing to the areas.
Population density is increasing in these cities and that broadly means that apartments and apartment buildings are required to fill the demand from workers and graduates, but that’s considered a positive move that’s driving local economies and encouraging people to start businesses across these areas.
We know that demand has been increasing as we’re seeing it ourselves, and as these high quality projects continue to go up we’re able to offer more to our clients in the way of reliable, high quality investments.
If you want to see what we have available, get some advice or simply ask some questions then why not get in touch with one of our specialists today and we’ll see what we might be able to do for you?
