Birmingham house price surge is fastest in the UK

At the other end of the scale, the steepest drop was in Aberdeen, where values slumped 14 per cent – mostly because of a slide in oil prices which hit demand for property at the North Sea town. There has been just a 1 per cent rise in London.

Before the referendum, the Treasury warned prices across Britain might collapse by as much as 18 per cent.

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UK house prices grow fastest in north of England and Midlands

House prices have grown fastest since the UK voted to leave the EU in cities in the Midlands, the north of England, Wales and Scotland, according to the property website Zoopla.

Birmingham (up 16%), Manchester and Leicester (both up 15%) have seen the fastest growth since the June 2016 referendum, followed by Edinburgh and Nottingham (14%), Leeds and Cardiff (12%), and Liverpool and Sheffield (11%).

Zoopla said economic and political uncertainty caused by the Brexit vote was more acutely felt in southern English cities, while lack of affordability was also a major factor.

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Air Asia to Set Lombok as Airline Hub

Jakarta – Malaysia’s budget airline Air Asia is eyeing to set Lombok International Airport (LIA) in West Nusa Tenggara as its airline hub for the domestic and international flight. The corporate will open two new international routes, such as Singapore-Lombok and Perth-Lombok to actualize the plan, said Air Asia Indonesia president director Dendy Kurniawan.

“We will prepare two stand-by aircraft in LIA in early March,” said Dendy in the Economic Special Zone (KEK) of Mandalika, Central Lombok, Thursday, January 17.

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House prices in Birmingham rising twice as fast as UK average

House prices in Birmingham are rising twice as fast as the national average – while London is seeing a slump.

The average property price in our city stood at £187,708 in October, according to data released by HM Land Registry today.

That is up 5.6 per cent compared to £177,700 in October 2017 – an increase of £10,008.

England as a whole has seen prices increase from £242,003 to £247,914.

That is a rise of £5,911, or 2.4 per cent.

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Northern Powerhouse Developments – Snowflex At Afan Valley Adventure Resort

This is interesting. The partners for the Alpine slope of Afan Valley Adventure Resort (10% Yield, 125% Buy Back and Developer Finance) and also a visit from Princess Ann. This project will be so impressive when complete

Manchester Homes

UK property prices projected to grow as much as 21.6% up to 2023

UK house prices are set to rise broadly in line with incomes over the next five years, but the traditional north-south divide will turn on its head, with the Midlands, North and Scotland expected to see the strongest increases, according to new forecasts from international real estate adviser, Savills.

Brexit will continue to impact sentiment over the short term, particularly in London and its commuter belt, but local market affordability is expected to determine the pattern of price growth over the longer term, the firm says.

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london homes

Five London boroughs where house prices have fallen the most

london homes

Two fifths of London postcodes have registered annual property price falls over the past year, with growth in the capital slowing to 1pc, down from 4.3pc in February 2017.

While regional cities such as Edinburgh and Liverpool have seen their respective property markets flourish, with growth in excess of 7pc a year, London has recorded single digit price falls, most notably in central boroughs.

The number of London postcodes registering negative house price growth (currently 42pc) is now at its highest since the financial crisis.

The figures, from the latest Hometrack house price index, reveal that 15 of 46 local authorities in London have seen house prices slip over the past year.

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Manchester & Birmingham properties predicted to increase in value 20-30% over the next 4 years

Unsurprising projections. Manchester & Birmingham properties predicted to increase in value 20-30% over the next 4 years

Where are landlords raking in the biggest profits?

Interesting stats on the best places for UK B2L Yields

House prices MAPPED: Property hotspots offering best buy-to-let returns to invest in NOW

PROPERTY is still a great investment across the UK, and landlords hoping to find the best places to purchase a buy-to-let house should consider the areas offering…