The UK housing market has experienced a significant uptick in recent months, with mortgage approval rates reaching their highest level in recent years.
April is here, and just last month the 2023 Spring Budget was announced by Chancellor Jeremy Hunt, outlining his plans in his first budget in the House of Commons.
Buy-to-let has long been a popular investment option in the UK, with investors looking to capitalise on rising property prices and strong rental demand.
Manchester has long been known as a buy-to-let hotspot in the UK. Its booming economy, reasonable house prices and fast-growing population ensured it was named the best place in the country for buy-to-let properties overall.
As prices of properties in the UK begin to settle, the nerves and worries from potential investors have started to lessen. The rental market is thriving as more people are starting to see the benefits of renting, especially professionals.
There is a trend that is very obvious in certain cities in the UK. London, Manchester, Leeds and Brighton, as the UK has been suffering with an ever-growing issue when it comes to available properties for residents.