Shift in the UK Property Market - MD Paul Mahoney

Shift in the UK Property Market – MD Paul Mahoney

Paul Mahoney:

Hi. As many of you will know, I’m Paul Mahoney, managing director of Nova Financial. We’re a property and finance advisory company. Today, I’m going to talk to you about the strong shift that’s occurring in the UK property market at the moment. With recent changes with regards to tax deductibility and mortgage interest, stamp duty changes and also mortgage service ability changes, there is a very strong shift in the market at the moment away from high value, low yield properties, which is predominantly London and the southeast, toward lower value and higher yielding properties and this is benefiting areas like the midlands the northwest especially, areas like Birmingham, Manchester, Liverpool, strong cities with strong economies and strong fundamentals with quite a lot of depth, but offering quite a lot more to the current landlord based from the current legislation. Now if this is something you’ve been thinking about or you’d like to explore, then please do get in touch. We’re more than happy to discuss with you how you can utilize this shift and invest with that trend. So feel free to get in touch and I look forward to talking with you next time.