Where is the Best Place to Invest in the Current Property Market? – Paul Mahoney
Paul Mahoney: Hi, I’m Paul Mahoney, Managing Director at Nova Financial. And as many of you will know, we’re a property and finance advisory company. I’ve been asked a lot lately, as to where is our favorite place to be investing and what’s the location that works best in the current market given all of the recent changes? And for the past 12 months or so it has unequivocally been Liverpool. Liverpool has a lot going for it, it’s obviously in the Northwest, it’s quite close to Manchester, it’s not a far commute from London either. But, so far as what it has going for it the most, is employment growth, so over the past 12 months, employment growth in Liverpool was 38%. So that’s quite incredible you know, there are nearly 40% more jobs in Liverpool this year than there was last year.
Also, last year, the economy grew by 15%, that’s versus the UK’s approximate two and a half percent growth. Now, both of those factors combined together, with about 10 billion pounds of total infrastructure spending, in our opinion, positions Liverpool to really take off. In a similar way, to the likes of Manchester and Birmingham have over the past sort of two, three, four years, Liverpool’s has been moving in the right direction, but it hasn’t quite had that same spike that we’re very confident it will over the coming you know, 12, 24 months or so. If you’re interested in exploring this option in more detail or seeing how this might apply to you, then feel free to get in touch.
T: 0203 8000 600 W: www.nova.financial E: firstname.lastname@example.org