The 7am Cut
BuyAssociation curates a weekly news letter of the top property news headlines – to receive your weekly round up of property news, register today.
In the news this week: the RICS Residential Survey shows market growth and a Greater Manchester town is named a top place to live in 2025…
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“Thanks to a combination of continued house price growth and rising tenant demand in the private rented sector, investors continue to see the UK property market as one of the strongest sources of healthy returns, particularly in a climate of a certain amount of economic volatility”…
– Eleanor Harvey, BuyAssociation
RICS Residential Survey signals further improvement in the UK property market
“The RICS Residential Survey for October has signalled a further improvement in the UK property market as buyer activity picks up and first-time buyers rush to beat the changes in stamp duty announced by Labour in the recent budget”…
– UK Investor Magazine
The Greater Manchester town named one of the UK’s ‘best places to live in 2025’
“Anyone who is wanting to sell up and move in 2025, or take their first step onto the property ladder, is being advised to look at buying a home in one particular part of Greater Manchester.
Amongst buzzy market towns and peaceful villages to cities bursting with culture and community, Stockport has been recognised in the ‘Best of the Rest’ category, and has been dubbed the “gateway to the Peak District”…
– Phoebe Jobling, Manchester Evening News
Landlord profits continue to climb despite rising costs
“Landlord profits generally come from the ongoing income generated by rental income, which should be more than what you spend on any borrowing costs or ongoing maintenance, as well as the final profit made upon sale of the property.
While some choose to buy, renovate and sell with a fast turnaround, known as ‘flipping‘, the most popular property investment strategy is to use the long-term house price rises seen across the UK housing market to maximise their final return on investment when they finally come to sell”…
– Eleanor Harvey, BuyAssociation
BBC backing to bring £282m to West Mids – report
“The published study suggests the corporation’s commitment to the area will help to create more than 900 jobs and 200 companies over the next decade.
Investment includes the decision to move the BBC’s regional headquarters to a new state-of-the-art broadcast centre at The Tea Factory in Digbeth, Birmingham”…
– Alex McIntyre, BBC News
