Land Acquisition and Property Development Company | Creative PropertyLand Acquisition and Property Development Company | Creative PropertyLand Acquisition and Property Development Company | Creative PropertyLand Acquisition and Property Development Company | Creative Property
  • Home
  • About Us
    • About CPG
    • Our Guarantees
    • Covid-19 Policy
  • Our Services
    • Landowners
    • Property Developers
    • Property Consultancy
  • Acquisitions
  • Investors
    • Investing with CPG
    • Case Studies
  • CPG Blog
  • Contact Us

6 Reasons To Invest In UK Property Now

    Home Property Investment 6 Reasons To Invest In UK Property Now
    NextPrevious

    6 Reasons To Invest In UK Property Now

    By Harvey Raybould | Property Investment | 0 comment | 7 September, 2020 | 0

    invest in UK property nowYou may think that you need to remain cautious when it comes to property investment in the UK because of the coronavirus pandemic and the recession. But we believe that now is a very good time to invest.

    After lockdown easing, the UK property market has really bounced back. You could describe this positive reaction as a “mini boom” as the level of enquiries have skyrocketed. Seven Capital claim that the average selling time for properties has reduced by a factor of 31%.

    You may be tempted to compare the current state of the property market with the recession in 2008. But you need to understand that this was a global financial recession. What we have going on now is a global health crises.

    The government intervened with the Covid-19 pandemic by closing down specific markets. It also provided financial support to individuals and businesses affected by the pandemic. There have been a number of measures introduced to secure the housing market and help it to restart well too.

    Here are 6 reasons why you need to consider UK property investment right now.

    1. House Price Positive Predictions

    Savill’s latest 5 year house price estimates show a 15% growth in house prices across the UK on average. Not all areas of the country are predicted to grow at this level though – they predict that the growth in London will only be 5%. So you will need to invest in other areas of the country with higher growth predictions.

    2. Rent Prices also expected to rise

    Not only are house prices expected to rise but rent prices are expected to follow suit. Between now and 2023, areas like the West Midlands are expected to see an increase of 12.5% in rental prices. Even the hard hit South East will likely experience a rental price growth of around 11.5%.

    3. Demand High due to undersupply

    The UK property market is fast recovering from the Covid-19 lockdown and as a result the demand for properties has increased. The headline factor for growth is still the imbalance with supply and demand according to the latest report from Hometrack. This has influenced the 31% reduction in the average time to sell homes in the UK.

    4. Stamp Duty Holiday

    One of the most significant moves made by the UK government to reinvigorate the property market was the introduction of a stamp duty holiday until the end of March 2021. There is still an additional rate of 3% for property investors, but overall everyone wins with this stamp duty holiday.

    5. Interest Rates Low

    At the time of writing this post, interest rates are at a record low of 0.1%. The Bank of England made two cuts in succession to the base rate in March 2020. This means that you can find some great mortgage deals for buy to let properties for example. Lenders have reduced their interest rates to all time low levels.

    6. Private Rental Market is the future

    In a survey by the Resolution Foundation, around 4 out of every 10 Millennials aged 30 are renting in the private sector. The survey also states that they expect around 33% of the wider generation to continue renting into their retirement. Other research suggests that the number of renters in the UK will outnumber home owners by the year 2039.

    invest in UK property now, now is a good time for UK property investment

    Related Post

    • property investor mindset

      How To Develop The Right Mindset For Property Investment

      By Harvey Raybould | 0 comment

      So you want to be a property investor? Do you have what it takes? The truth is that everybody has what it takes to be a property investor. The problem is that they do notRead more

    • property investment business

      How To Build A Property Investment Business

      By Harvey Raybould | 0 comment

      Before you attempt to build your property investment business you should decide which property investment strategy is best for you. There are many different strategies that you can adopt and hear are a few examples:Read more

    • Interior Design Tips

      Top Interior Design Tips for Rental Property

      By Harvey Raybould | 0 comment

      One of the difficulties of renting is not being able to do whatever you want in terms of design… if you’re an interior design fanatic, it can be a bit frustrating watching those home makeoverRead more

    • low risk property investment

      Is There Really A Low Risk Property Investment?

      By Harvey Raybould | 0 comment

      The first thing to say here is that all forms of property investment carry risk. There is no such thing as a risk free investment. But there are strategies that are less risky than others.Read more

    • Kent Countryside

      5 Reasons to Live in Kent

      By Harvey Raybould | 0 comment

      Kent is getting more popular as more Londoners succumb to its charm and decide that commuting is worth it. But what charms exactly is Kent offering to these urbanites? Here are five of our favourites: UnparalleledRead more

    • hands free property investment

      The Lowdown On Hands Free Property Investment

      By Harvey Raybould | 0 comment

      Sounds great doesn’t it? You hire a property management company to manage the tenants in your buy to let property investment. You do not need to spend any time on this at all. But isRead more

    • How to Avoid Rogue Landlords

      By Harvey Raybould | 0 comment

      Rogue landlords can make the lives of their tenants miserable. But avoiding them isn’t so easy, based on the number of tenants that are complaining. Does it have to be that way? We don’t thinkRead more

    • risks of property investment

      What Are The Risks Of Property Investment?

      By Harvey Raybould | 0 comment

      It doesn’t matter what business you are in there will always be risks and property investing is no exception. There is no need to fear these risks, but you must be aware of them soRead more

    NextPrevious

    Search


    Harvey’s Latest Book


    Blog Categories

    • Advice For Landlords
    • Business Testimonials
    • Commercial
    • Decorating and Design
    • Kent County
    • News
    • Property Investment
    • Residential


    Please Follow & Subscribe


    Recent Tweets

    • With the right mindset, anything is possible!#healthymindset #healthylife #performancematters #motivationmonday… https://t.co/ZCAiWSco1B

      3 days ago
    • Do you have mental toughness?Do you have what it takes to bounce back from setbacks with property investment and… https://t.co/QVS3qiEhgP

      4 days ago
    • Are London and the South East property investment still a good idea?Read more about this, check the link below:… https://t.co/MX2UIplf3i

      7 days ago

    OUR MEMBERSHIPS…

    Registered in England and Wales No: 09252187

    OUR LATEST NEWS…

    • property investment predictions 2021

      Property Investment Predictions For 2021

      Due to the uncertainty of 2020, property investors are likely to treat

      31 December, 2020
    • Covid-19 UK housing market 2020

      Covid-19 & The UK Housing Market 2020

      When you think about it, it is incredible how resilient the UK

      24 December, 2020

    OUR CONTACT DETAILS…

    Creative Property Group
    Letraset Building, Wotton Road, Ashford, Kent, TN23 6LN

    Phone Number
    0800 488 0027

    Email Address
    [email protected]

    Click here for our Covid-19 Policy

    © 2019 Creative Development Services Limited | Property Investment and Development Strategists | Privacy Policy | Terms and Conditions
    • Home
    • About Us
      • About CPG
      • Our Guarantees
      • Covid-19 Policy
    • Our Services
      • Landowners
      • Property Developers
      • Property Consultancy
    • Acquisitions
    • Investors
      • Investing with CPG
      • Case Studies
    • CPG Blog
    • Contact Us
    Land Acquisition and Property Development Company | Creative Property

    COVID-19 Update and Cookies

    The team at Creative Property continue to work from home where possible and ensure we comply with current government and public health guidance to help keep everyone safe and well when out on site. Cookies help us to improve the service we offer you. For more info on our cookie policy please click here.