Investment News Round Up: What You Need to Know this Month

The past thirty or so days have been relatively busy in terms of changes to the investment sector, whether that be purchasing property or increasing the size of business operations. As a result, we have kept our eyes on the progression of news stories to pass on our expertise to our clients.

Therefore, here are some of the biggest news stories from the past month, and a few ideas about how best to progress.

Close up of a female hand calculating, on the office desk.

 

Rise in Stamp Duty

The fine details of the rise in stamp duty were only announced in the Budget, a few weeks before they came into force. This resulted in a last-minute rush to complete property deals before the rise took effect.

New regulations mean that those buying a second home, or a buy-to-let property, will need to pay a higher rate of stamp duty depending on the price band:

  • Up to £125,000 – 3%
  • Between £125,001 and £250,000 – 5%
  • £250,001 and £925,000 – 8%
  • £925,001 and £1.5m – 13%
  • Upwards of £1.5m – 15%

With this increase in taxation, it’s even more important to consider speaking to property investment specialists to work out how it will affect you and what you can do.

EU Referendum

As most of you will undoubtedly be aware, the EU referendum is taking place this June. With the potential for a Brexit, there has been a lot of political uncertainty, especially when it comes to investments.

A growing number of Chief Finance Officers are holding back on investments as a result. If you are unsure about whether investing now is the right decision, it may be worth speaking to a property expert to see whether there are any buildings that should be considered for purchase right now.

Business person analyzing financial statistics displayed on the tablet screen

Property Investment Hotspots

Despite London generally being more expensive than the rest of England and Wales, it has seen another increase in price. With this constant upwards momentum of the property market in London, it is still worth investing in the area.

The south eastern borough of Bexley saw a rise of 32%, with the average price now £191,500.

You can view our current property opportunities to see what commercial buildings are available across London and the rest of the country.

How to Interpret the News

Investing can be an exciting but intimidating time, especially when there are a multitude of factors that are constantly changing. Therefore, if you would like advice and support throughout the process of property investments, please don’t hesitate to get in touch with us at Prideview Properties by calling 0203 113 2142.

Current Opportunities

Current Opportunity

Retail & HMO, Southall

2-6 The Broadway, Southall, UK View on map
6701 sq ft
Call for price
Current Opportunity

Tesco Express, Twickenham

246 Powder Mill Lane, Hounslow, UK View on map
Gross Yield % 5.5
4157 sq ft
£ 2,300,000
Current Opportunity
9968 sq ft
£ 450,000
Current Opportunity

Tesco, Shepherds Bush

Tesco Express, 31 Uxbridge Rd, London W12 8LH, UK View on map
Gross Yield % 5.5
3800 sq ft
£ 2,200,000

Vacant, Wokingham

68-70 Peach Street, Wokingham RG40 1XH, UK View on map
6242 sq ft

McDonalds, Wolverhampton

50 Dudley Road, Wolverhampton, UK View on map
10462 sq ft

Nail Salon, Chelmsford

33 Springfield Road, Chelmsford, Essex CM2 6JE, UK View on map
830 sq ft

Ladbrokes, Camberley

Park Street, Camberley, Surrey GU15 3PL, UK View on map
1000 sq ft

Rohan (Outdoor Clothing), Chelmsford

35 Springfield Rd, Chelmsford CM2 6JE, UK View on map
Gross Yield % 7
830 sq ft

Costa Coffee, Bournemouth

1577, 1581 Wimborne Road, Kinson, Bournemouth BH10 7BB, UK View on map
1823 sq ft