Real Estate News

Rents in the UK Rise to Record Levels

Post Author By Evo Plus
Post Date 05/07/2023

From a buy-to-let investment perspective, there are a number of regions across the UK showing strong signs of rental growth such as the North West, which saw an increase of 0.83% in the average rental price between April and May.

This sits above the average increase of 0.73% across England and 0.32% in the Greater London area, making North West one of the most promising regions in which to invest when it comes to rental growth.

Furthermore, the North West’s two main cities, Liverpool and Manchester, have now established themselves among the best buy-to-let investment areas in the UK, offering

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Here Are 3 Cities You Should Not Buy Property in If You Want To Be Rich

Post Author By Evo Plus
Post Date 02/07/2023

In real estate, different markets offer different opportunities and risks — there’s no such thing as a good or bad city. Long-neglected and overlooked metros can be hot prospects if they offer the chance to buy at the bottom in a town on the rise.

Take a Look: 15 Cities Where Houses Are the Best Bargains Right Now
Learn: 3 Things You Must Do When Your Savings Reach $50,000

“It is crucial to recognize that investment potential can change over time, and cities may undertake efforts to overcome their challenges and create new opportunities for real

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Real Estate News

Interest Rates Rise in the UK

Post Author By Evo Plus
Post Date 27/06/2023

Given that mortgage rates are set to rise because of the rising interest rates, many buy-to-let investors will be having to pay more on their mortgages as lenders raise their rates to meet the Bank of England’s base rate.

It’s worth noting that although the Bank of England is raising their rates to 5%, mortgage lenders’ rates will be a lot higher than this. Especially with buy-to-let mortgages, rates are often a lot higher than standard residential mortgages due to the higher risk of them not being repaid.

Buy-to-let mortgage repayments cover the accrued interest of the mortgage, so monthly

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Real Estate News

Allied Properties Real Estate Investment Trust (TSE:AP) Expected to Earn FY2024 Earnings of $2.53 Per Share

Post Author By Evo Plus
Post Date 26/06/2023

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) – Stock analysts at National Bank Financial upped their FY2024 earnings estimates for shares of Allied Properties Real Estate Investment Trust in a research report issued to clients and investors on Wednesday, June 21st. National Bank Financial analyst M. Kornack now anticipates that the company will earn $2.53 per share for the year, up from their previous estimate of $2.49.

Allied Properties Real Estate Investment Trust (TSE:AP – Get Rating) last issued its earnings results on Wednesday, April 26th. The company reported C($0.10) earnings per share (EPS) for the quarter,

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Real Estate News

Why engrave lab grown engagement rings

Post Author By Evo Plus
Post Date 24/06/2023

There are many reasons why you might want to engrave lab grown engagement rings. Here are a few:

● To add a personal touch: An engraving can be a way to add a personal touch to your ring and make it truly unique. You could engrave your name and your partner’s name, the date of your engagement, or a special message.

● To commemorate a special occasion: If you are getting engaged on a special date, such as your anniversary or your partner’s birthday, you could engrave the date on the ring as a way to commemorate the occasion. …

Real Estate News

Block 216 to Open in Downtown Portland on August 15

Post Author By Evo Plus
Post Date 20/06/2023

Published: Jun. 20, 2023 at 6:00 AM CDT|Updated: 2 hours ago

BPM Real Estate Group to make the single largest affordable housing investment in Portland’s history

Block 216 closes on additional financing to secure funding through completion

PORTLAND, Ore., June 20, 2023 /PRNewswire/ — BPM Real Estate Group announced the August 15, 2023 opening of Block 216, the 35-story mixed-use tower located in Portland’s Central Business District. Residential condominium sale closings will be scheduled for new owners of The Ritz-Carlton Residences, Portland beginning on opening day. The debut of The Ritz-Carlton, Portland the hotel will

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Real Estate News

Buying Property For Airbnb – How to Get Started

Post Author By Evo Plus
Post Date 19/06/2023

Traditionally, investing in buy to let property has been one of the most stable and assured methods of generating a lucrative, long-term passive income.

As the UK market is historically one of the strongest and most resilient in the world, it’s easy to see why global investors consistently choose thriving cosmopolitan cities like London, Liverpool and Manchester in which to direct their capital.

Norms and traditions, however, are two things that have increasingly taken a back seat in all walks of modern life. So, what of the contemporary world of buying to let property investment?

Well, although many of the

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Real Estate News

Artis Real Estate Investment Trust Unit (TSE:AX.UN) Share Price Crosses Below 200-Day Moving Average of $8.32

Post Author By Evo Plus
Post Date 14/06/2023

Shares of Artis Real Estate Investment Trust Unit (TSE:AX.UN – Get Rating) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.32 and trades as low as C$7.20. Artis Real Estate Investment Trust Unit shares last traded at C$7.25, with a volume of 452,415 shares traded.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AX.UN. National Bankshares lowered their price target on Artis Real Estate Investment Trust Unit from C$8.00 to C$7.75 and set a “sector performing” rating on the

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