• Thursday, April 18, 2024

Property

Hotspot home truths

By: Eastern Eye Staff

by HOWARD ROBIN INVESTORS EYE HIGH RETURNS IN CITIES SUCH AS EDINBURGH AND MANCHESTER THE UK property market may be cooling off, but it is still offering hot opportunities for smart investors. According to the latest report from Halifax, prices dropped by 3.1 per cent, or an average of £7,140, in April. That’s the second-largest monthly fall since the lender began its index in 1983. Falls have been sharpest in London, with the southeast also bearing the brunt of lower price trends. In addition, values have fallen in the south­west of England for the first time since 2013. However, despite…

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