{"id":6107013,"date":"2026-01-15T09:00:07","date_gmt":"2026-01-15T08:00:07","guid":{"rendered":"https:\/\/www.buyassociationgroup.com\/en-gb\/?p=6107013"},"modified":"2026-01-14T22:01:36","modified_gmt":"2026-01-14T21:01:36","slug":"transport-northern-housing","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/transport-northern-housing\/","title":{"rendered":"How new transport upgrade promises could boost northern housing markets"},"content":{"rendered":"

Transport improvements in the North of England are a focal point for local leaders, with an overhaul expected to significantly boost the economy while benefitting local communities and the property market.<\/b><\/h2>\n

This week, train links between major northern cities came under the spotlight as the UK government announced major transport overhaul plans in the North of England, while it also revealed that it was looking to build a new rail link between Manchester<\/a> and Birmingham<\/a>.<\/span><\/p>\n

Hailed by the government<\/a> as \u201cthe biggest transformation to travel in the North in a generation\u201d, \u00a31.1 billion has been committed over the Spending Review period, which means the plans are expected to come to fruition from the early 2030s. It offers the potential to boost the UK economy by tens of billions of pounds by bringing northern connectivity up to the same standards as that enjoyed by the South.<\/span><\/p>\n

On a local level, the huge injection of funds into transport and connectivity is expected to bring huge benefits to the housing markets of the North<\/a>. As transport improvements take effect, including the increase in desireable employment opportunities attracting more people to the area and pushing up values. The increased focus on investment in regional towns and cities – from both a government and a private perspective – has already had this effect, with Manchester and other northern cities seeing the fastest growth in property prices<\/a> and rental values over recent years.<\/span><\/p>\n

Which areas will benefit?<\/b><\/h3>\n

The Northern Powerhouse Rail initiative – which was actually first coined back in 2014 – encompasses Manchester, Liverpool, Hull, Newcastle, Sheffield and Leeds, with the project falling under the remit of Transport for the North.<\/span><\/p>\n

The project is set to take place in three phases:<\/span><\/p>\n