Bulletin

London house prices forecast to rocket another 30% within five years

houses

A report by CBRE forecasts that the London housing market will see 31% growth from 2015 to 2019, while house prices in the South East will climb 28% over the next five years and 25% in the South West. CBRE also forecasts that the value of the average home in the UK will jump 25%, with the weakest growth of any region in Scotland at 20%. CBRE anticipates that London's rising population and the continued imbalance between supply and demand in the capital, along with more relaxed lending from banks to well-established developers, will boost the London market after the election. Despite a slowdown in the high-end London housing market in recent months, CBRE has seen increased interest from investors from China and Malaysia in large flagship sites such as Teddington Studios in Richmond.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
Cardiff-based Forward Waste Management

Money will support the company, which serves the manufacturing sector, with Welsh and West Midland growth plans.

Bulletin

Where Next?