Britain boasts one of the most desirable residential property markets in the world. Fuelled by unwavering investor demand for real estate in established and emerging markets across the country; the total value of UK housing currently amounts to £6.79 trillion – 3.65 times the size of the British economy. The real estate industry has grown by £1.5 trillion in the past three years alone, while the average house price in the UK increased by 6.2% in the 12 months to January 2017.
With Prime Minister Theresa May formally triggering a two-year negotiation period for Brexit this week, the political and economic implications of Britain’s withdrawal from the European Union (EU) will bear significant impact on investors seeking to expand their property portfolio. These negotiations will deliver much needed clarity, allowing investors to form a forward-facing property investment strategy that capitalises on the opportunities emerging as a result of the decision to leave the EU.
This week, MFS will launch the 2017 Property Heatmap – a motion infographic that presents a region-by-region breakdown of the UK’s property investment landscape. Delving into key infrastructural projects, house prices, societal resources, crime rates and forthcoming regional developments, the Property Heatmap provides a timely reference tool for buy-to-let investors keen to contextualise political and economic events – such as the onset of Brexit – in relation to their property investment strategy. Profiling the regional cities, Home Counties and London districts set to define the next five years of property investment, the 2017 Property Heatmap offers critical market insight into the political, societal and economic variations across the nation’s leading buy-to-let markets.
Click here to access the 2017 Property Heatmap.
Following a year of momentous political announcements and economic events, next week MFS will also be launching a new report revealing how UK investors are approaching their property investment strategy over the coming 12 months. Taking into account Brexit, record-low interest rates and the election of Donald Trump as the US President, this report unveils investor sentiment towards last year’s defining events, and the impact it has had on their property investment strategy.
To find out more about our upcoming report, speak to a member of the MFS team.