Stuart Law, CEO at Assetz for Investors, comments on today’s Land Registry House Price Index:

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28th October 2014

“Today’s figures show the UK property market is becoming an investor’s market which has contributed to strong house price growth in many metropolitan Northern regions. A 7.1% annual growth in Leeds, 5.9% in Manchester, 8% in Stockport and 5.2% in Liverpool shows savvy investors are now moving away from the Capital for better yields, far stronger than in London and the South East, which is creating demand and price growth. The Mortgage Market Review has stymied mortgage applications from owner occupiers, but for many investors affordability is not a problem and we have seen a surge in cash rich buyers who are primed and purchase-ready.

“As a whole, we can now see that the impact on improving transport links benefits both investors and owner occupiers with Crossrail pressure points such as Maidenhead and Slough experiencing 12.5% and 13% annual house price growth respectively. Watch this space for the impact HS2 and perhaps even HS3 will have as well as the more localised regional smaller scale upgrades being implemented now.”

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Stuart Law

Stuart Law, CEO of Assetz Plc, is an experienced & active investor in property, whose views are often sought by the media. Stuart Law's Property Investment Blog