Where is the UK’s Residential Property Market going in 2024?

Market commentary must be so confusing for ‘the man on the Clapham
omnibus’. If I’m confused, and I have been in the business for fifty years, what
hope is there for the un-initiated?

It is good news indeed that the overall inflation rate has come down to 2.3%
(announced May 22nd) and the IMF are predicting three interest rate reductions,
which means that the mortgage interest rate trend will be moving south, and this
is good news for the Residential Property Market.

Continue reading

If the Tories scrap the Non-Dom status they may as well pull up the drawbridge to UK foreign investment

Although I am a traditional Tory voter, who believes in capitalism with a small ‘C’, I am struggling to find a positive case to vote for the Tories at the next Election. I’m not sure the deterrent effect of persuading myself that the Labour Party will be worse, is motive enough. Maybe I’ll just abstain and be a conscientious objector!

Continue reading

Crucial factors influencing the dynamics of the Real Estate market

Real estate is an essential asset for investors, as its value generally appreciates over time. Those who can afford to be part of the property market tend to do so due to consistent income, tax benefits, wealth diversification, and the possibility of leveraging more wealth through it. Property prices vary based on available supply. When there is a rise in demand but limited supply, property prices increase, and rents are higher.

Continue reading