Market Update
Keeping you up to date with our house view on the market, the economy and what’s been happening at CapitalRise.
UK Residential Property Market
Optimistic amongst the uncertainty
The uncertainty in the market (taxation and Brexit) will be resolved in the next two years, and the prime market will adjust accordingly according to Savills who are forecasting price growth in 2019 for Prime Central London.
In June, UK House prices rose by 1.1% after several months of sluggish growth (Knight Frank). There is evidence that demand is picking up in prime central London, with the number of exchanges recorded between January and May this year 17% higher than the same period in 2016 (Knight Frank).
Economic Outlook
The political uncertainty with the Conservatives’ inability to achieve a majority government has come to end with the minority government formed with the DUP, which we believe provides political certainty for the next four years.
CapitalRise in the Press
This month we have been mentioned in
Updates on our investment projects
- Our latest investment, Woodhill by Alfred homes launched on the platform offering 10.50% returns per annum.
- We also launched the ability to accept ISA transfers in from other providers and are thrilled with the take up of our fully managed ISA transfer in service.
- 14 Eaton Square construction is complete and we’re very excited to share that the marketing campaign has commenced
- The members’ event we held at Yeomans Row was a great opportunity for members to meet the team and for us to show off a wonderful example of a CapitalRise investment opportunity, a £22m townhouse in Knightsbridge that is now on the market. View event video.
