10 Predictions for the UK Property Market in 2017

Rob Moore and Mark Homer, co-founders of Progressive Property, discuss their predictions for the UK property market in 2017. Do they think property prices and rents will increase in 2017? What impact will Brexit have on UK property prices? How will stamp duty changes impact property investors in 2017? Visit Progressive Property: http://www.progressiveproperty.co.uk/ About Progressive Property: Progressive is an innovative and Progressive property investing and Entrepreneur creating enterprise. Progressive is a personal community for any investor, entrepreneur or individual wanting to make more money, invest or create a better life for freedom, choice and profit. We hope this is you. Connect with Progressive Property on social media: Facebook: https://www.facebook.com/ProgressivePropertyInvestment/ Twitter: https://twitter.com/robandmark Instagram: https://www.instagram.com/progressiveproperty Join the discussion with over 13,000 UK property investors on our private Facebook Group here - https://www.facebook.com/groups/progressivepropertycommunity/

Comments

1. very insightful,thanks.
2. They have been in business for around 15 years. In other words they have only known a world of ultra-low interest rates, money printing and asset bubbles. Show me someone who can recall what happens when interest rates are much higher and people have decent well-paying jobs not the zero hours nonsense supplemented by credit card debt of today.
3. He should sit up,
4. They taking like gangsters ways to avoid tax this are parasites on our society and they taking as to feudalism !
5. Are you listening Mr/Ms Government minister concerned about housing?? SMDH!!!
6. Love the shirt Mark...bespoke?? I feel like a virtual "vagabond" myself these days, the amount I spend on air bnb!!!
7. Interesting, but the analysis on a decrease in stamp duty revenue by the government is (possibly intentionally) simplistic.
   Factors such as Brexit and the general economic climate have affected the housing market and confidence in it. Additionally, increased prices until mid-2016 could also be seen as being a bridge too far for potential buyers, regardless of the additional 3%.
   It's not as easy as saying that the extra 3% has let to a fall in SDLT revenue.
8. Great content, very informative, thanks for the info!
9. These guys know jack shit about commercial property.
10. More ramping bull shit
11. Would you recommend a specialist accountant for transferring properties into a company and utilising Section 15 of the 2003 Finance Act, thank you
12. Very informative, thanks
13. Great point about opportunity cost of building a remote Northern / Midlands portfolio if you're chasing yield. I see an increase in the prevalence of hands-free portfolio builders in 2017 competing with some of the established players (including Progressive)
14. Really good info! Could you maybe post some more on your thoughts regarding the impact of Brexit?
15. Excellent, thanks for the information guys!
16. Great discussion guys and good to hear you're not phased by Brexit or any new tax/property changes.
17. Thanks for taking the time to do that. The immigration and Brexit part was particularly interesting.
18. Harry Enfield, eat your heart out!
19. So enjoyable, sounding authentic and honest to the your values which don't denigrate profit but include standards and a degree of compassion.
20. A informative and interesting piece from two guys who know their stuff. I learned a lot.
    I found it strange that although there was lots of talk on the increased SDLT, nothing was mentioned about CGT ?
    CGT was raised some years ago to 28% some years ago, and then reduced to 18% - except on properties which remain
    at 28%.  It makes it very difficult to sell a buy to let property in order to raise funds to transfer into some other venture.
    Also, it was suggested that some investors with smaller portfolios might decide (or be forced) to sell up with the
    forthcoming mortgage interest relief being taken away. As most properties have gone up markedly in value they may
    well find themselves clobbered with CGT when selling up.
    I wanted to sell a few investment properties to raise capital to put into a commercial property or Guest House. When I
    found out how much CGT I would have to pay I decided to stay put. It seems there are no reliefs even if you are
    using the gains to purchase another property.