North West Investors Remain Confident As London Stats Drop

The North West is well-known to be the number one investment hotspot across the UK, with the Capital in the South experiencing weaker and weaker yields. Investors across the globe now avoid London opportunities, choosing instead to follow the much stronger yields and capital growth – in Manchester.

With various changes having been announced under the new Labour government, there was some concern within the property market that the end of Stamp Duty Tax Relief would cause panic – however in the North West, we’re experiencing more and more confidence in the investment market.

Property Hub conducted an Investor Sentiment Survey in November, revealing a staggering 69.4% of respondents expect an increase in their investment area – a 4% increase from the previous survey held only 3 months prior.

56.2% of investors are still moving forward with their strategies regardless of the changes, showing confidence in the market and the potential of capital growth that they can achieve that will level out the Stamp Duty that will come back into fruition – although most investors agreed that it was only a matter of time before this tax relief benefit was ended, as it was only ever a temporary introduction off the back of the damage caused to the market during Covid.

The North West is still shining as the number one hotspot for property investment, with more and more investors coming to the market looking to either start their portfolios or expand them. The market for selling HMO’s is also surprisingly low, doubling down that investors are not looking to get out of the game in this area.

Rob Bence, Co-founder of Property Hub.

If you’re looking at prime investment opportunities in the North West, you’re in the right place. Our expert team of consultants can guide you through the entire process, as well as provide some of the best opportunities. Reach out today for more information.