London property market ‘won’t bounce back until 2021’

Even with Brexit and increased taxes, still pretty good growth regionally (excluding London), which with good yields makes for strong secure investments
https://www.telegraph.co.uk/property/house-prices/london-property-market-wont-bounce-back-2021/

Manchester soars as London records real house price falls

Interesting figures for UK regional property prices.

London house prices fall for the first time in eight years – but northern cities soar.

House price growth in Manchester, Birmingham and Edinburgh is soaring ahead of the biggest cities in the UK as London’s property market drags down.

While price growth in the capital has been falling for some time, these are the first of Nationwide’s figures to reveal an actual fall since the onset of the financial crisis.

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Big shortfalls in the Care Home sector – Lucrative Investment Opportunity

Care homes face ‘huge shortfall’ in available beds.

Up to 3,000 elderly people will not be able to get beds in UK care homes by the end of next year, research suggests.

Research commissioned by BBC Radio 4’s You and Yours programme reveals a huge shortfall in the number of beds available.

Increasing demand from an ageing population could see that grow to more than 70,000 beds in nine years’ time.

The Department of Health said local authorities in England had been given an extra £2bn to help fund social care.

But in the past three years one in 20 UK care home beds has closed, and research suggests not enough are being added to fill the gap.

Read full report here: http://www.bbc.com/news/uk-40791919

House prices set to increase up to 7% next year despite Brexit uncertainty and income squeeze

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House price growth across the UK’s biggest cities is set to be stronger this year than previously predicted, according to an index.

Values across the 20 biggest cities are now expected by property analysts Hometrack to increase by 6 per cent to 7 per cent over the course of 2017, higher than its previous prediction of 4 per cent made in December 2016.

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Lombok going from strength to strength

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Strong investor optimism underlined the recent Lombok Tourism Development Forum, fuelled by upscale resort demand outstripping supply in 2016 and a 61 per cent increase in international air arrivals to 30,000 in 1Q2017, following flat arrivals growth in 2015.

Just under 100,000 international arrivals were reported by the Statistics Indonesia Bureau at Lombok International Airport in 2016, up 29 per cent, but the upscale resort segment saw 10 per cent supply growth outpaced by an 18 per cent increase in demand. The increase in upscale demand (23 per cent) continued to exceed supply growth in 1Q2017.

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Is Now The Best Time To Get In On Lombok Property?

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When it comes to investing in property in Indonesia, Bali is often the most common choice. That said, people are starting to look elsewhere for a more efficient alternative.

Another promising development lies in an island east of Bali and west of Sumbawa. Lombok has been steadily gaining traction over the past few years, so you begin to wonder: is now the time to invest in Lombok property?

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France to invest Rp6 trillion in KEK Mandalika

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Central Lombok, W Nusa Tenggara (ANTARA News) – Coordinating Minister for Maritime Affairs and Resources Luhut Panjaitan said a French state company Vinci Construction Grands Projets has signed a cooperation agreement with the state owned PT Indonesia Tourism Development Corporation (ITDC) on development of integrated tourism in the special economic zone (KEK) of Mandalika in the regency of Central Lombok, West Nusa Tenggara.

“The agreement was signed by Vinci Construction Grands Projets and ITDC in front of President Joko Widodo and French President Francois Hollande,” Luhut said here on Saturday.

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Self-made millionaire: Not buying a home is the single biggest millennial mistake

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While opponents of homeownership claim it’s “the American nightmare,” self-made millionaire David Bach is doubling down on his faith in real estate.

He thinks that not prioritizing homeownership is “the single biggest mistake millennials are making.”
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Property prices in Australian capital cities

Property prices in Australian capital cities up by almost 11% year on year

Property prices in Australian capital cities up by almost 11% year on year- PropertyWrite

Property prices in capital cities in Australia increased by 1.4% in December and by 10.9% year on year, the highest annual growth since 2009, the latest index figures show.

But there is considerable variation with annual prices rising by 15.5% in Sydney but falling 4.3% in Perth while Melbourne and Hobart recorded gains higher than 10%, according to the data from CoreLogic.

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Here are some key UK property market trends to look out for in 2017

UK property still on the up (especially for Birmingham and the North West)

Despite ongoing uncertainty around Brexit, the UK property market is expected to return to relative calm and renewed prosperity in 2017, according to a leading property expert.

Allison Thompson, managing director at property specialist Leaders, forecasts that 2017 will prove to be “extremely positive” for the UK property market, thanks to high demand from people seeking to move home.

“They will not put their plans on hold indefinitely, so we expect to see a high number of transactions in both the sales and lettings markets in 2017,” she said.

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