University housing sees £800m investment rush

More than £800m of capital piled into UK student accommodation last year as investors sought to benefit from a shortage of university housing and growing numbers of wealthy overseas students.
According to property agent CBRE, institutions and overseas buyers are being attracted to the sector by its stable income as the rest of the property market [...]

Student housing helps create an institutional investment boom

Financial institutions from around the world poured more than £2.2bn into the UK residential property market in the 2010/11 financial year, with the student accommodation sector proving a particularly popular investment target. According to the London law firm Wedlake Bell, residential investment levels are now “at their highest levels since before the credit crunch,” and [...]

Managing finances key aim for most Britons

Better financial management and getting into the savings habit rank among the top five New Year’s resolutions Britons are making this year, according to a survey for Skipton Building Society.
Although more traditional pledges like losing weight (31%) and exercising more (31%) still feature highly, financial resolutions are well up there, with 40% of people planning [...]

Property market to undergo ‘gradual’ recovery in 2012

The National Association of Estate Agents has revealed its predictions for the UK property market over the next 12 months.
Chief executive Peter Bolton King said 2012 would see a “gradual” recovery for the UK property market, as it continues to bounce along the bottom – with no “great upturn” to mark a change from the [...]

UK’s top house price performer revealed

Woking in Surrey recorded the biggest rise in house prices among major UK towns and cities over the past year, according to the latest Halifax Town House Price Survey.
Based on Halifax’s own house price data, the average selling price in Woking was 16% higher than in the previous year, increasing from £257,590 in 2010 to [...]

Private Rented Sector faces mixed outlook

This year has been challenging for the housing market, but things may be set to get worse before they improve in the Private Rented Sector, according to the Association of Residential Lettings Agents.
Ian Potter, operations manager at ARLA, said: “The package of measures unveiled in the Government’s Housing Strategy could go some way to helping [...]

Housing shortage will stop major price falls

Sales of homes may rise a little over the coming year but prices will struggle to follow suit, according to the latest RICS Housing Market Forecast.
Prices at a headline level will edge lower by around 3% across the UK. However, the low level of supply should continue into the coming year, stabilising prices and preventing [...]

Landlords look to grow portfolios in 2012

Landlords are feeling increasingly positive about the prospects for the private rented sector in 2012 and are looking to invest in their portfolios in the coming months, according to research commissioned by Paragon Mortgages.
The buy-to-let lender worked with market research specialists BDRC Continental to build a picture of landlords’ planned purchasing behaviour for the next [...]

House prices resilient in face of economic pressure

British house prices rose fractionally by 0.4% in November, according to the latest data from Nationwide.
Chief Economist Robert Gardner said: “UK house prices increased by 0.4% in November, taking the annual rate of growth to 1.6%, up from 0.8% the previous month. The price of a typical home is now £165,798. Mean while London again [...]

British Expats Stay Abroad

British people often head to foreign countries to pursue business opportunities. Asia is a rich market, but increasingly many are heading to the Middle East where oil-rich countries present excellent prospects. Qatar, Oman and the UAEare some of the more popular options for these Brits who transport their lives to entirely new places. Many Brits [...]