Property Investors Weekly News: 06/04/2021

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Property Investors Weekly News: 06/04/2021

This week we’ve pulled together some of the hottest news stories around property investment for your reading pleasure! So, strap in, turn off the tv and get ready for some updates:

 

Number of overseas landlords with UK properties hits five-year high

Favourable exchange rates and the stamp duty holiday have spurred many into action.

Ludlowthompson letting agency estimates that the number of overseas landlords owning UK properties has hit a five-year high – despite Brexit, the pandemic and tax changes.

The most recent data shows the figure standing at 184,000 – marking an increase of 19% over five years, when there were 154,000 overseas landlords.

https://www.propertyreporter.co.uk/landlords/number-of-overseas-landlords-with-uk-properties-hits-five-year-high.html

February sees the highest number of properties sold above asking price in five years

Latest figures released by NAEA Propertymark show that 11% of properties sold above asking price in the month of February. This was the highest figure recorded for a January since 2016.

https://www.propertyreporter.co.uk/property/february-sees-the-highest-number-of-properties-sold-above-asking-price-in-five-years.html

Number of prospective tenants continued to rise in February

ARLA Propertymark February Private Rented Sector Report shows no sign of demand slowing down in the rental market.

https://www.propertywire.com/news/number-prospective-tenants-rise-february/

Cornwall property sales up by 30 per cent on last year, reports Rightmove

The coronavirus pandemic has changed the kind of property we want to buy or rent. Cornwall has overtaken London this year as the most searched location on Rightmove. It turns out a lot of those searches did turn into sales.

https://www.cornwalllive.com/news/cornwall-news/cornwall-property-sales-up-30-5255982

Have a great day and we look forward to working with you.

 

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Register for our investor deal alerts

Register Below

for our FREE Property Deal Alerts

  • This field is for validation purposes and should be left unchanged.