According to Hometrack’s City House Price Index, Leicester has come at the top of the list, with the highest annual property yield of 7.7%. This places Leicester ahead of Edinburgh, Manchester and Birmingham, which saw an annual increase of 7.4%, 6.3% and 6.2% respectively.
London on the other hand, has seen property prices fall 0.4% due to a lack of demand and a stall in the capital’s property market.
Hometrack has further added that although Brexit has been at the forefront of the news agenda, this has had very little impact on house prices in the country, with the exception of London.
In general, house prices are increasing across the country and property forecasts still show a strong sign towards property prices in Leicester and its surrounding areas.
So while Brexit is still dominating the news headlines and while we are uncertain about a Brexit Deal or No-Deal, we are certain that property prices are remaining strong in Leicester.
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