Manchester’s economy is registering one of the fastest post-pandemic recoveries. Its growing population and demand for new builds has turned it into a land of blooming opportunity for property investment.
Mortgage rates have risen and house prices are even expected to fall by between 5%-10% in some parts of the country.
Having said that, some areas will recover much quicker depending on supply and demand constraints.
Mortgage rates have risen and house prices are even expected to fall by between 5%-10% in some parts of the country.
Having said that, some areas will recover much quicker depending on supply and demand constraints.
2022 was a year that had several ups and downs for the property market, with instabilities in the economy caused by the multiple changes in government seeming to unsettle investors.
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.
Share to: Share on facebook Share on linkedin Share on email Share on whatsapp Article Summary Manchester In the ten years before covid, Manchester’s economy grew […]
In December 2022, the UK average rent was £1,118 which is 11.5% or £120 higher than it was in December 2021. The two UK cities that showed the largest increase in average rent were London and Manchester.
Amidst all the panic and chaos that has surrounded the economy in October due to the policies of the previous Prime minister and chancellors, we at NPG celebrated a record-breaking month.
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.