The 7AM Cut
In the news this week: UK and Spain are named as ‘the most attractive places to invest in Europe’; residential investors flock to UK rental market; and rents are set to rise as ‘peak lettings season begins’…
UK and Spain ‘the most attractive places to invest in Europe’
“Bank of America survey of fund managers identifies ‘political stability’ as a British strength. The figures demonstrate the turnaround in perception that UK stocks have undergone over the past year. So far this year, the FTSE 100 has risen by 6 per cent”…
– Jack Barnett, The Times
Residential investors flock to UK rental market
“The UK housing market remains a strong choice for residential investors seeking long-term returns, as confidence grows among institutional buyers.
With the private rented sector making up around a fifth of the country’s housing market, it makes up an essential part of the picture when it comes to the supply and demand issues faced by the wider property sector”…
– Eleanor Harvey, BuyAssociation
Rents set to rise as ‘peak lettings season’ begins
“Landlords could be set for a much-needed boost to their buy-to-let portfolios as the rental market hits its traditional peak summer period.
The summer is often a busy time for the buy-to-let market as landlords aim to cater for families finding a new home to get settled into before the new school year starts, plus it can be a less disruptive period for tenants to move”…
– Marc Shoffman, MoneyWeek
How to cash in on Labour’s housing revolution
“Interest rates are likely to fall this year – improving mortgage affordability – and the country has returned to growth. Labour placing this commitment in the Chancellor’s debut address also offers a certain weight that will encourage at least an initial spur of construction.
Alongside the nation’s “obsession with house ownership and a longstanding shortage of supply”, as Richard Hunter, Interactive Investor’s head of markets, puts it and there’s certainly an investment case”…
– James Baxter-Derrington, The Telegraph
Steady Rise In House Prices Points To Growth In Confidence – ONS
“Interest rates are likely to fall this year – improving mortgage affordability – and the country has returned to growth. Labour placing this commitment in the Chancellor’s debut address also offers a certain weight that will encourage at least an initial spur of construction.
Alongside the nation’s “obsession with house ownership and a longstanding shortage of supply”, as Richard Hunter, Interactive Investor’s head of markets, puts it and there’s certainly an investment case”…
– Jo Thornhill and Bethany Garner, Forbes
New vision unveiled for Liverpool’s waterfront
“Peel Waters has submitted its revised £5bn Liverpool Waters masterplan, which recently received a £55m funding boost from Homes England to enable the delivery of the 2,350-home Central Docks. The revised masterplan includes Everton’s Bramley Moore Dock Stadium, more public realm, and a broader mix of house types and affordable homes”…
– Julia Hatmaker, Place NorthWest
Consultation could launch this summer on 4,500 home Holt Town vision
“Manchester City Council is developing a 10-year plan for the regeneration of, and investment in, 74 acres of post-industrial wasteland.
This covers the potential for 4,500 homes including significant levels of affordable housing, commercial space which could attract 1,500 jobs, and the creation of 91 acres of public realm and green space”…
– Rory Sheehan, Place NorthWest
