Liverpool’s property market has recorded a steady growth of popularity in recent years. A figure which is speculated to continuously rise during the coming years. This growth has been driven by various factors, including the extensive regeneration that the city has undergone, the increasing number of businesses that start within Liverpool and those which relocate to the area, the thriving number of students, the rapid population growth, among many other factors. In this article, Opulent Invest will drill into each one of them to further explain why Liverpool is one of the best cities to invest in property this year.
Manchester’s property market has continued to boom, catching the attention of both overseas and UK investors. This growth has been driven by Manchester’s strong local economy, its transformation with investment into transport, health and technology facilities by the Northern Powerhouse Investment Fund, plus its increase of businesses and population growth. In addition to these factors, Manchester has also been highly popular amongst young professionals and foreigners, seeing an influx of migration nationally and internationally.
Liverpool has seen a growth of attraction amongst investors in recent years. This growth has been driven by a plethora of factors, including the city’s extensive regeneration projects which bolstered the local economy and the rise of population. Liverpool has undergone a full transformation, which had a positive effect on Liverpool’s property market.
Are the recent changes in stamp duty for UK property investors right or wrong?
Petty, shallow and stupid. That pretty much sums up the government’s new 3 per cent stamp duty surcharge on additional properties, announced by the chancellor in the Autumn Statement last week. Beyond the naked appeal to the public’s envy of second home owners and buy-to-let landlords, there is almost nothing to recommend this measure on any sober analysis of how it will actually work. This article takes a closer look at whether it was right of the chancellor to increase stamp duty for property investors.