Nova News - Nova Financial

Birmingham a Hotspot for Property Investors

Birmingham a Hotspot for Property Investors As most of our clients have found out, properties investments in the Midlands and North are outperforming London and the South. According to the latest Hometrack UK Cities House Price Index, average house prices in Birmingham have increased by 7.7% in the year to...

Rental Yields Grow Across the UK

Rental Yields Grow Across the UK The rental market continues on it’s healthy rise in the UK as a 3% growth in average rents was reported in February for the prevailing 12 months. Furthermore, investors and landlords who are feeling the squeeze are beginning to look to north in order to maximise...

UK House Price Rise at 11-Year High

UK House Price Rise at 11-Year High The average price of a UK property increased by 1.5% in the last month, or, according to Rightmove data, £4,503. This is the highly monthly growth seen at this time since 2007. Four out of eleven regions of the UK have hit record levels from the recent upturn in house...

National Property Rental Income Snapshot

National Property Rental Income Snapshot According to the second edition of the National Rent Review by Landbay, powered by MIAC, average rents fell in London for the first time in over a decade towards the end of 2017, in contrast to the rest of the UK – showing the emergence of a two-speed market. Another...

‘Above Inflation’ Rises in Rents in the UK

‘Above Inflation’ Rises in Rents in the UK   Rents in England and Wales increased by 3% in the 12 months to February 2018 to an average of £857, the latest index data shows. Annual growth was led by the East of England and the East Midlands with both regions recording a rise of 2.9% while only two regions...

Northern Cities Are Top Property Hot Spots

Northern Cities Are Top Property Hot Spots IP Global has named Manchester Birmingham Leeds and Liverpool as the country’s main investment hotspots after the Northern Powerhouse maintains its headway amidst growing devolution powers and increasing investments. Global Real Estate Outlook, IP Global’s quarterly...

Mortgage Lending to Continue to Grow

Mortgage Lending to Continue to Grow Growth in mortgage lending in the UK is forecast to rise in 2018 for an eighth year in a row to reach its highest level since 2007 and to continue doing so into 2019 despite Brexit uncertainties. However, despite the best performance for a decade, the mortgage market...
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