Despite changes in government policy the private rented sector will continue to grow. Hamptons International Research estimates there will be six million households renting by 2025.
Investment transactions reached £1.32bn in 2017, 88% higher than the 10-year average.
Favourable demographics and long-dated income will continue to support demand for UK healthcare assets in the post Brexit environment.
The healthcare arena will continue to be dominated by fixed-income transactions and we expect 2018 transaction volumes to exceed those witnessed in 2017.
Main regional city centres across the UK are expected to outperform with higher sales price and rental growth as the rise of city centre living continues.
All the main cities in Northern England – Manchester, Liverpool and Leeds, have seen resurgent sales and rental markets in recent years.
A range of factors are colluding to deliver more moderate UK house price growth over the next five to ten years. However, and despite the intrusion of Brexit, we believe this transition will provide a more stable and healthy UK housing market. This new housing paradigm should be embraced and welcomed. It is good for government, the economy, buyers, sellers and industry participants. But it will also take some getting used to. House price growth averaging 2½% pa for the next five years will not excite investors or homeowners, but will lay the foundations for a less volatile UK housing market in the medium-term.
So far this year, the hotels business in the UK has been boosted by two main factors. First, the global economy is growing well – and there has been a marked recovery in continental Europe in recent years. That is helping to encourage overseas visitors to travel more generally, with the UK – and London in particular – always a popular destination for tourists. Second, the fall in the value of the pound since the Brexit vote last year has attracted leisure tourists from overseas and provided an added incentive for visitors to come to the UK.
There are now over 397,000 students from outside the UK, making up nearly one quarter (23%) of the student population.
In funding terms these students have a much greater impact on the income pro le of UK universities, making up 26% of
all tuition fee income. Universities UK estimates that international students contribute £25.8bn of gross output every year.