The last 12 months have been fairly unprecedented and investors would be right to be nervous for the future. However, in the long term, there are still many reasons why the UK property market could be considered one of the best investment opportunities in the world. Here are ten reasons why;

  1. The UK has been voted number one in terms of transparency globally. This makes the UK an attractive place for foreign money to invest, underpinning demand globally.
  2. In the short term, the government’s SDLT (Stamp Duty Land Tax) holiday on some property has served as a ‘shot in the arm’ for the property sector, even during the lockdown. Property values throughout many parts of the regions have rocketed in the recent past.
  3. Great Britain remains an attractive place to live with continued population growth putting a huge strain on existing housing supply.
  4. Even with Buy-to-Let (BTL) worth over £1 trillion in the UK, research estimates that renters will outnumber homeowners by 2039, driven by rapidly increasing house prices and a growing popularity for the flexibility that renting provides in the modern economy.
  5. Rental growth is forecast to be strong with Birmingham housing rents forecast to grow by 12.5% in the next two years! The South East also expects to see significant growth over the next 4 years.
  6. Significant investment in infrastructure such as HS2 and optic fibre broadband and 5g will continue to add value to large swaths of the provinces, outside London.
  7. A weak pound and historically low rates of interest! For international investors coming from areas that make UK prices already look relatively affordable, investment in UK property for the long term, whilst the pound remains weak, is attractive.
  8. 300,000 Hong Kongers! Yes, with the UK now offering those in Hong Kong the opportunity to move to Britain we should see a surge of wealth and demand that must have a significant effect on the UK’s housing market!
  9. London is listed as the second-best city in the world in which to invest. It is listed as the best city in Europe and remains a significant world city, underpinned by a huge worldwide financial market in the City itself. The HS2 rail link connecting London with Manchester and Birmingham via a high speed rail link is now well underway.
  10. Political Stability remains important to all investors, especially global investors looking to protect their assets. A world-leading educational sector, phenomenal transparency and a stable and respect deomcratic government make the UK a particularly attractive home for foreign investment.

Since 2001 we have been working with professional landlords, first time investors and accidental landlords helping them to maximize profitability and where appropriate build their portfolio.

Whilst the market has changed significantly over recent years our independent buy to let mortgage advisors have kept pace with this area of the mortgage market and continue to compare the whole mortgage market ensuring you receive the very best offer for your circumstances.

Recent posts

The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.

The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income. 

According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes. 

More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.

There has been a rise in both rent and mortgage costs over the last three years, with renters seeing a greater increase in their monthly payments than those with a mortgaged property.

The new Delayed Start Mortgage launched by Skipton Building Society allows first time buyers to postpone the first three mortgage payments. This product has been designed to help soften the blow of moving in costs for first time buyers. 

Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer. 

A recent study by Boon Brokers where 1,000 people who had used an estate agent over the last year were surveyed, showed that a whopping 52% said they were pressured into using the estate agents’ in-house mortgage broker.