In the news this week<\/a>: UK property market is recovering faster than rest of Europe; the rate cut is expected to boost Autumn activity; and New National Planning Policy Framework set to boost property sector…<\/p>\n <\/p>\n “Since coming into power in July, new Labour prime minister, Sir Keir Starmer, has made it clear that \u2018getting Britain building\u2019 is going to be a cornerstone policy for the party.<\/p>\n Headed up by the likes of deputy prime minister Angela Rayner \u2013 the new Secretary of State for Levelling Up, Housing and Communities \u2013 and housing minister Matthew Pennycook, a big aim of the document is to open up more space on which to build much-needed homes for the country”…<\/p>\n \u2060<\/p>\n –\u00a0Eleanor Harvey, BuyAssociation<\/em><\/p>\n “Industry executives and agents said the UK has benefited from hopes for political stability after the general election, stronger economic prospects, rising rents and a more moderate run-up in prices between Brexit and the market\u2019s peak in 2022.<\/p>\n \u201cThe UK has probably been the fastest recalibrating market,\u201d said Mark Ridley, chief executive of Savills, which advises on commercial deals. \u201cWhere there is uncertainty is how fast and how far the recovery goes\u201d”…<\/p>\n \u2060<\/p>\n –\u00a0Joshua Oliver, Financial Times<\/em><\/p>\n “The portal says that market activity has gone up due largely to the cut in interest rates by the Bank of England, which reduced the Bank Rate from 5.25% to 5% on 1 August, boosting buyer and seller confidence.<\/p>\n Rightmove reports a 19% jump in the number of potential buyers contacting estate agents since 1st August, compared to the same period in 2023. This compares to an 11% increase seen in July this year. The number of new sellers putting their homes on the market is up 5% compared to this time last year”…<\/p>\n \u2060<\/p>\n –\u00a0Jo Thornhill, Bethany Garner, Forbes<\/em><\/p>\n Read the full article<\/a><\/strong><\/p>\n “UK house prices have been on something of a journey over the past two years but finally appear to be back in positive territory, especially with the cost of borrowing now dropping”…<\/p>\n <\/p>\n –\u00a0Henry Sandercock, MoneyWeek<\/em><\/p>\n Read the full article<\/a><\/strong><\/p>\n “The 60-acre site\u2019s 10-year masterplan, developed by Sheppard Robson, aims to be the \u201cUK\u2019s best-connected science and innovation destination\u201d, according to a press release.<\/p>\n It will be situated just 400 metres north of Manchester Airport, between the M56 and Enterprise Way”…<\/p>\n \u2060<\/p>\n –\u00a0Charlie Valentine, Place North West<\/em><\/p>\n BuyAssociation is an established voice in the UK property industry. As well as producing our own content and daily property articles, we curate a newsletter each week highlighting the week\u2019s top headlines for UK property news articles, stories and reports. Stay ahead of the market and join over 30,000 of the world\u2019s most informed property investors by registering<\/a> today!<\/strong><\/p>\n The 7am Cut – 26\/8\/2024<\/strong><\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The 7AM Cut BuyAssociation curates a weekly news letter of the top property news headlines \u2013 to receive your weekly round up of property news, register today. In the news this week: UK property market is recovering faster than rest of Europe; the rate cut is expected to boost Autumn activity; and New National Planning… Read more »<\/a><\/p>\n","protected":false},"author":4212,"featured_media":6102190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[349,716,59],"tags":[],"class_list":["post-6102189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manchester","category-the-7am-cut","category-trending-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/4212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=6102189"}],"version-history":[{"count":2,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102189\/revisions"}],"predecessor-version":[{"id":6102215,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102189\/revisions\/6102215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/6102190"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=6102189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=6102189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=6102189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}New National Planning Policy Framework set to boost property sector<\/strong><\/h2>\n
Read the full article<\/strong><\/a><\/h4>\n
UK property market is recovering faster than rest of Europe<\/strong><\/h2>\n
Read the full article<\/a><\/strong><\/h4>\n
Rightmove expects rate cut to boost Autumn activity<\/strong><\/h2>\n
Will UK house prices fall? Latest property market predictions explained<\/strong><\/h2>\n
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\u00a31 billion MIX Manchester plans awaiting take-off<\/strong><\/h2>\n
Read the full article<\/a><\/strong><\/h4>\n
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