SUBSCRIBE TO OUR NEWS EMAILS
Thursday, 30 June, 2022
No Result
View All Result
BestAdvice
  • News
  • Features
  • Blogs
  • Podcast
  • Research & Reports
  • Video
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI
BestAdvice
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI
No Result
View All Result
BestAdvice
No Result
View All Result

UK property investors stay upbeat despite uncertainty

by Kevin Rose
3 February 2019
Record year for equity release predicted by IFAs
Share on FacebookShare on TwitterShare on LinkedIn

The majority of property professionals in the UK are set to expand their portfolios in 2019.

Research from MT Finance found investors are remaining resilient despite a backdrop of uncertainty and squeeze on affordability.

The bringing lender polled property professionals as part of its research into the future performance of the UK property sector. 80% of investors said they plan to increase their portfolios in 2019, while 20% said they are not making any changes to their portfolio in 2019.

Nobody questioned planned to reduce their exposure to the UK property market this year.

RelatedPosts

Allica Bank reduces commercial mortgage rates

Five-year fix most popular May remortgage product

Mortgage Brain unveils new COO

Of the 80% looking to expand their portfolios, 39% are looking to buy in the South East of England. 25% said Wales, followed by 13% who said the Midlands. Whilst 16% revealed that would not be buying property in the UK.

No respondents said they were looking to buy in London, as investors look to broaden their portfolios outside of the more expensive Capital.

The latest forward-looking results are encouraging especially as 51% of respondents revealed they are uncertain of the conditions for property investors in 2019. 28% believe conditions will not improve in the coming year.

2018 was another challenging year for property investors in the UK, as Brexit negations continued and finances were squeezed by tax changes. When asked what the biggest challenge for property investors had been last year, the majority (40%) of respondents cited affordability.

Ongoing Brexit uncertainty was the second biggest challenge at 32%, followed by accessing funding at 17%. Some 11% said government legislation was the biggest challenge in 2018.

During 2018, 48 of the 101 respondents revealed they had purchased residential properties as investments and 43 respondents had bought commercial properties. 21 said they bought foreign properties as investments. Whilst the majority (50 respondents) said they didn’t purchase any property in 2018.

Gareth Lewis, commercial director, MT Finance, said: “The UK property market has seen a reduction in high value purchase transactions. This is reflected in the latest data from HMRC, who revealed stamp duty receipts fell by £1 billion last year.

“The results from our Q4 Property Investor Survey highlight how higher stamp duty and a lack of affordability has pushed property investors out of London, where more rental properties are vital.

“While there is continuing uncertainty, particularly over how the Brexit negotiations will unfold, UK property investors remain resilient. The fact that property professionals have revealed they will continue to invest in the UK, despite the uncertainty and numerous challenges, bodes well for the future of the market.”

Previous Post

SmartrCriteria available to The Right Mortgage & Protection Network members

Next Post

Oxford is the UK’s least affordable city

Related Posts

Landbay unveils professional landlord mortgage offering
competitiveness

Allica Bank reduces commercial mortgage rates

29 June 2022
New H&R BS “innovative” five-year fix
snapshot

Five-year fix most popular May remortgage product

29 June 2022
Mortgage Brain unveils new COO
appointment

Mortgage Brain unveils new COO

29 June 2022
Uinsure to integrate with SolutionBuilder
robotic process automation

Iress & Consectus create integration for Darlington BS

29 June 2022
The Nottingham unveils new 95% LTV fixes
holiday lets

The Nottingham adds holiday let lending to proposition

29 June 2022
UTB appoints business development director

UTB appoints business development director

29 June 2022
Next Post
Oxford is the UK’s least affordable city

Oxford is the UK’s least affordable city

SimplyBiz Mortgages’ seasonal showcase returns

SimplyBiz Mortgages unveils new conveyancing offering

InterBay extends bridging to whole broker panel

Kent Reliance revamps core mortgage product ranges 

OPINIONS & BLOGS

Going the extra mile will help keep clients for life

Working together is crucial to drag conveyancing into the future

26 June 2022
Making sense of current statistics

Making sense of current statistics

26 June 2022
H1 2022: how was it for you?

H1 2022: how was it for you?

26 June 2022
Bank Rate rise possibility stifles July approvals

Rising interest rates – we’ve been expecting you

26 June 2022
Mansfield Building Society appoints intermediary sales manager

Personal approach crucial to Consumer Buy-to-let

20 June 2022

RECEIVE BESTADVICE BRIEFINGS

READ OUR FREE REPORT

  • Subscribe
  • Advertise
  • Backlinks
  • About us
  • Contact us
  • Privacy policy
  • Terms & Conditions
SUBSCRIBE TO OUR ALERTS!

© 2022 Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

X
No Result
View All Result
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Green Mortgages
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMO/MUFB
    • Holiday Let
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2022 Bedazzled Media Limited.
Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.