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MONTH IN REVIEW |
JANUARY 2017 |
| 2016 saw a lot of changes in the buy-to-let market, but overall was a positive year for the sector, with growth continuing unabated and house prices and rents continuing to rise. This is expected to continue in the New Year and beyond. |
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The North West has seen a demand increase in January, according to the latest figures from Rightmove. Price growth continues to shift to the North as demand nosedives in London, following substantial yield rises in the North West. Demand for property in the region has risen even further, as January saw Theresa May's announcement that the Northern Powerhouse will receive a boost of £556 million. Furthermore, mortgage rates have continued to fall, reaching a new low, which has done nothing to quell landlords' appetite for buy-to-let properties. |
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IN THE PIPELINE... |
Knight Knox has enjoyed a strong start to the year, with the success of our first Investor Seminar in Manchester, and the selling out of key developments such as X1 The Gateway, X1 Aire and the final phase of Adelphi Wharf. As existing developments like Palatine Gardens are down to the last remaining apartments, investors can expect the launch of some exciting new developments in the coming weeks and months. In addition, following our most successful UK seminar so far, Knight Knox's events calendar is busier than ever. In addition to our newest Hong Kong seminar in March (our 3rd Seminar overseas, and 7th overall), we will be bringing our Investor Seminar to other locations throughout the year. |
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SEMINAR REVIEW |
Radisson Blu Edwardian Hotel | Manchester |
| The first Knight Knox Seminar of the year was a huge success, earning the accolade of our most successful UK seminar to date. Held at the Radisson Blu Edwardian Hotel in Manchester city centre, the seminar welcomed over 100 delegates on the day, the highest turnout so far. Click here to read a review of the seminar: | | |
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DOWNLOADS |
Liverpool Property Guide |
| One of the UK's most popular buy-to-let locations, Liverpool is a thriving city going from strength to strength. Read our Liverpool Property Guide to find out more about Liverpool's position in the UK market and what to expect from the city in the future. | | |
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INDUSTRY NEWS |
Manchester tram network to be extended | | Work has begun on the latest expansion of the Manchester Metrolink tram service. The new line, terminating at the Trafford Centre, is expected to be completed within four years. | | |
| The North to get a boost of £556 million | | It is reported that the Government is set to invest as much as £556 million into the Northern Powerhouse, which will aid job creation, support businesses and encourage growth. | | |
| Regional housing market strong in 2017 | | The UK housing market has made a strong start in 2017 according to data from leading sources such as Rightmove, with growth in the regional market outstripping that in the capital, London. | | |
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