ABOUT
HCT Homes
HCT Homes Ltd is an experienced and fast-growing UK Property Developer with a solid track record of delivering quality residential property developments.
HCT Homes has an extensive network of property finders, sub-contractors & professionals, which ensures we deliver all our projects on schedule, in-budget and to an exacting standard of finish, valued by end users and investors alike.
The team at HCT Homes primarily focus on two sectors; BTR (Build to Rent), also known as Private Rented Sector (PRS) and Senior Living facilities. These are the fastest growing sectors of the UK real estate market and is experiencing significant demand from large institutional investors.
Asking prices of properties coming onto the UK market have surged by 2.3 per cent since the general election, the largest monthly rise ever recorded at this time of the year.
Rightmove, which tracked the prices of 65,000 properties, said the average asking price rose by £6,785 to £306,810 between mid-December and mid-January, up by 2.3 per cent on the previous month and 2.7 per cent on a year earlier.
It also said new buyers’ enquiries to estate agents were up by 15 per cent to 1.3 million compared to the same period a year ago. There was a 7.4 per cent annual increase in the number of sales agreed.
Miles Shipside, director and housing market analyst at Rightmove, said the figures indicated that many buyers and sellers felt the election result had given a “window of stability”.
The Independent, 20/02/2020
Outlook
The outlook for long-term UK real estate market remains strong. The real estate market came out of the blocks strong after the Conservative party won the December 12th, 2019 election and there was certainty over the exit of the UK from the European Union.
As the UK comes out of lockdown and the government begins to jumpstart the economy, the real estate market is the area getting the most attention.
On Tuesday, June 30th 2020, UK Prime Minister Boris Johnson announced a huge £5billion recovery plan to help Britain ‘Build, Build Build’ itself out of the coronavirus crisis.
Johnson’s ‘new deal’ includes thousands of discounted homes for first time buyers.