Category: Manchester

Manchester Property Development Prioritised Post-COVID-19

Council leaders describe construction in Manchester's property sectors as an "essential" element of the city's economic recovery. Summary: Constructing new residential and commercial property in Manchester will play an integral role in the city’s post-coronavirus recovery strategy Council leaders believe more development is “essential” and will work with developers to sustain confidence in the sector Global investment into Manchester’s property sector remains high, and this commitment from council leaders to support the development sector aims to sustain growth in the coming years   As Manchester’s economic activity reignites from lockdown,...

North-West Leads Latest UK Property Price Growth Projections

New figures show that the region, which is home to cities including Manchester, looks set to post the strongest 5-year property price growth in the UK. Summary: Average property prices in north-west England are forecast to rise 24.1% over the next five years UK property prices collectively are predicted to rise 15.1% by 2024, but average values in London are forecast to rise just 4% over the same period It underlines the north-west’s strength as a property investment location   It’s long been renowned as one of the UK’s high-growth...

UK Property Investment News Roundup: June-July 2020

Select Property Group has reviewed and collated some of the latest news and research published online by the UK property industry, including the latest investment forecasts and trends. Here’s a selection of some key UK housing market news stories published in June 2020, with links to the original sources where you can read the full details. Huge increase in buyer demand a sign of the UK property market coming back to life? Halifax has released its latest UK house price data for June. Naturally, while there continues to be a...

UK Property Investment News Roundup: May-June 2020

Select Property Group has reviewed and collated some of the latest news and research published online by the UK property industry, including the latest investment forecasts and trends. Here’s a selection of some key UK housing market news stories published in May 2020, with links to the original sources where you can read the full details. Student Accommodation Investment: What Will Happen to Prices? On May 12th, Savills’ Director of Operational Capital Markets, James Snaith, analysed the potential impact the ongoing restrictions caused by COVID-19 could have on prices in...

UK Property Investment News Roundup: April-May 2020

Select Property Group has reviewed and collated some of the latest news and research published online by the UK property industry, including the latest investment forecasts and trends. Here’s a selection of some key UK property investment news stories published in April 2020, with links to the original sources where you can read the full detail. Purpose-Built Student Accommodation and the Impact of COVID-19 In April, both Knight Frank and Savills looked at what the ongoing pandemic means for the UK purpose-built student accommodation (PBSA) sector. Firstly, Knight Frank notes...

New Property Report Hails Manchester’s “Strength & Resilience”

Deloitte's 2020 Crane Survey praises the performance of Manchester's property market against a backdrop of wider geo-political factors - and there's also even more promising news for prospective investors... Summary: Manchester has been recognised for its strength as an investment location, with booming construction activity underlining sustained commercial growth in the city However, Deloitte has found that new construction starts have begun to level off But, with current new supply unable to sustain population growth beyond 2021, the city remains vastly undersupplied of residential property – meaning the Manchester market...

Manchester & North Set for Boost in Government Investment?

Following the general election result, the Treasury is proposing to reform rules dictating which cities and regions receive government investment. Summary: Manchester and the north of England could become the focus of new government investment and spending targets The UK Treasury is looking to redefine the rules which outline how, and where, the government makes significant economic investment In December 2019’s general election, Boris Johnson’s Conservative won a majority, thanks in part to historic victories in constituencies across the north of England   Could the result of the 2019 general...