The latest house price data shows that British property prices are on the rise, along with the economy. Yet to hear the press, the UK has gone from being a global powerhouse to a total embarrassment in the course of just two years since the Brexit vote. So who would invest in property in the UK right now?
With a Welshman winning the Tour de France last week, the son of a Scotswoman in the White House and Northern Ireland scuppering a smooth Brexit, the three smaller nations of the United Kingdom have been in the news recently. If you’e wondering where to buy property in the UK, they will certainly be of interest to you.
The UK isn’t short of data on the property market. Indeed it might be a case of TMI – too much information – when you consider that at least ten different organisations produce house price indexes. But two official stats are a good place to start when collecting data for UK property investment.
With lack of space and millions of people on the move each day, transport is a vexed issue for many British people trying to get to work on time. For investors, property near transport hubs seem to offer good returns. For home buyers, they offer exciting new developments that are great for commuting. Here are a few infrastructure projects to consider.
Before you call a British estate agent, you’d better bone up your estate agent terminology. Read our guide to types of property in the UK and you won’t get your semi mixed up with your maisonette. Even more importantly, what is the average price for each property type?
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