Embarking on a journey to a new area, especially a new country, can indeed feel like a daunting task.  However, with careful planning and the right approach, the transition can be made smoother. Here are some invaluable tips for those relocating from abroad to the UK.

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1. Timing and Approach to Property Search: Initiate your rental search approximately six weeks before your intended move-in date. Properties typically hit the market around this time frame, maximizing your options.

2. Choosing a Property: In England and Wales, seek properties through an ARLA-licensed agent such as Vesper Group for assurance of adherence to industry standards. Understand the payment structure for long-term and short-term tenancies, including utility costs and additional services.

3. Selecting the Right Neighbourhood: If relocating for work, consult your company for advice on commutable areas. Utilize online resources to research local amenities, schools, and transportation links to narrow down your preferred location.

4. Planning: Contact essential services such as healthcare providers and banks in your chosen area in advance. If you have school-age children, explore school options and enrolment procedures early in the process.

5. Transportation and Commute: Evaluate transportation options and costs for your daily commute and school runs. Websites like TFL, City mapper, and National Rail can provide valuable route planning assistance.

6. Furnished vs. Unfurnished: Understand the difference in property furnishing based on size and type. Smaller properties typically come furnished, while larger ones may require you to furnish them yourself or rent furniture packages.

7. Utilities and Council Tax: Familiarize yourself with utility payments and council tax obligations, which tenants are generally responsible for. Negotiate payment frequencies that suit your needs and budget.

8. Pet Considerations: If you have pets, factor in any restrictions or additional costs related to renting with animals. Be prepared to pay higher rent or deposits to accommodate your furry companions.

9. Seek Professional Assistance: Consider seeking guidance from professionals, especially for complex matters. Services like Savills Corporate Services offer dedicated relocation assistance, covering both property and non-property related aspects.

Engage with the Community: Embrace your new surroundings and actively participate in community activities. While home may initially feel distant, immersing yourself in the local culture can enrich your experience and help you feel more at home.

Relocating to a new country is undoubtedly a significant life change, but with thorough preparation and a positive mindset, it can also be an exciting opportunity for growth and exploration.

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The rise of branded residences

You may have seen in the news recently that “Former Manchester United star Gary Neville seeks buyers for branded property units in Manchester”. One by one, the world’s most lavish hoteliers have scoped out new plots, to find the perfect locations for their trademark five-star service. The 41-storey tower coming to Manchester will house the city’s first branded residences and a five-star hotel.

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What are branded residences?

In the most straightforward terms, branded residences involve a partnership between a property developer and a brand that is typically well-known and respected. This brand association adds value to the property and appeals to buyers seeking a certain lifestyle or level of prestige. The real appeal comes with the level of integrated service that these exclusive properties offer. Typically, they can come with a range of high-end amenities and services. This can include access to spas, fitness centres, concierge services, fine dining, and other exclusive offerings that enhance the residents’ quality of life.

What impact can branded residences have in the housing market, particularly in Manchester?

These types of developments often carry a sense of prestige and exclusivity. The association with well-known brands could enhance the overall appeal of the property market in Manchester, attracting high-net-worth individuals and investors seeking a luxurious and reputable living experience. The presence of branded residences would likely diversify the property market in Manchester. These developments cater to a niche market looking for unique and high-end living spaces, providing additional options beyond traditional real estate offerings.

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A new landmark destination in Manchester

Prices range from £350,000 – £6,000,000.

Introducing the very first regional branded residences in Manchester. The development offers only 217 highly curated residences from the 17th to the 43rd floor, many of which benefit from private balconies and aspects of Manchester’s most famous landmarks.

 

How does the pricing of branded residential compare to non-branded stock?

Branded residences operate predominantly within the prime end of local residential markets. Associations of quality, luxury, and service which accompany brand affiliation can encourage premium pricing compared to other comparable non-branded stock in the market. However, in a market such as Manchester’s which is ever growing, the new development caters to a range of price brackets starting from £350,000 up to £6,000,000 catering to both first time buyers and luxury real estate investors.

Are branded residences a good investment?

 

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Thinking of purchasing in Manchester's new branded residence?

Speak to our sales team for more details.

Our property licensing service: Vesper Group offers a premium end-to-end licensing application service to get landlords compliant, without the hassle. 

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Market Commentary | London Residential Sales & Lettings

The Bank of England held its Bank Rate at 5.25% on 2 November in a move that was widely expected by market experts. The Rate was also held in the previous announcement in September. Having undergone 14 consecutive rises between December 2021 and August 2023, the Bank’s latest decision is a further signal that we may have reached the top of the rate-rise cycle. The next announcement falls on 14 December. 

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Market Commentary | Manchester Lettings

The Leasehold Reform Bill streamlines lease extensions and freehold purchases, while the Renters Reform Bill bolsters tenant rights and landlord assistance. The Renters Reform Bill aims to support the 11m private tenants and 2.3m landlords in England. This includes a manifesto commitment to abolish no-fault evictions, ending blanket bans on pets and creating a new Private Rented Sector Ombudsman.

Our Featured Developments

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Blomfield Court, Battersea, London

 This exceptional 3-bedroom, 2-bathroom property, has been expertly renovated to offer a contemporary living experience like no other. Nestled in a peaceful neighbourhood, this charming residence boasts 863 square feet of thoughtfully designed living space, perfect for those seeking both comfort and style. .

Asking £625,000.

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Potato Wharf, Manchester

A great opportunity to purchase a two bedroom, two bathroomed apartment in Castlefield, a sought after area of Manchester City Centre. Potato Wharf is a peaceful Canal side Development, just a few minutes walk away from the bustling Bars and Restaurants in Deansgate and Spinningfields. The apartment already has a tenant in situ, signed for 12 months.

Starting from £350,000 with a tenant in situ for 12 months.

Six ghoulish property tales in London & Manchester

If you’re looking for spooky stories in London and Manchester to tell your friends and family, here are six tales that will leave them with an eerie chill.


London

Hampton Court Palace: This historic palace, once owned by King Henry VIII, is known for its Tudor architecture and its ghostly inhabitants. The most famous ghost is that of Catherine Howard, Henry’s fifth wife, who was accused of adultery and executed. Visitors have reported encountering her ghost, as well as other spectral figures in the palace.

50 Berkeley Square: This townhouse in the Mayfair district is often referred to as one of the most haunted houses in London. The tale goes that it’s haunted by the spirit of a young woman who died under mysterious circumstances. The stories of ghostly encounters include sightings of her apparition and unexplained noises.

Sutton House: Located in Hackney, Sutton House is one of London’s oldest houses, dating back to the Tudor era. Visitors and staff have reported paranormal activity, including ghostly apparitions and mysterious sounds, which have led to its reputation as a haunted property.

 

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Manchester

Chetham’s Library: This is one of the oldest libraries in the English-speaking world, located in Manchester. It’s rumored to be haunted by the ghost of a former librarian who is said to move books and create strange occurrences within the library.

Ordsall Hall: This Tudor manor in Salford, near Manchester, is believed to be haunted by various spirits, including the White Lady and the figure of a young girl. Ordsall Hall offers ghost tours for those interested in exploring its paranormal history.

The Odeon Cinema, Printworks: The Odeon Cinema in Manchester’s Printworks entertainment complex is said to be haunted by a ghostly figure dressed in 1930s attire. Employees and visitors have reported seeing this apparition, making it a unique and eerie property tale.

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As we welcome the crisp autumn air, it’s time to gather around the digital hearth for our October newsletter. In this month’s installment, we’ve curated a wealth of insightful content to keep you informed, inspired, and engaged.

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Market Commentary | London Residential Sales & Lettings

As we enter Q4, Prime central London is bucking the wider trend by recording annual growth of 2.3%, bouncing back from last month. Meanwhile, in the rental market there are no signs of growth slowing. 

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Market Commentary | Manchester Lettings

In early 2023 there was indication of a slow down in rental growth, however, we are finding that rents have picked up in the last few months, with 1 and 2 bed apartments seeing 6% growth over 3 months.

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UK Mortgage Rates Update

UK mortgage rates have continued to decrease over the last couple of weeks. Mortgage prices have been dropping since mid-summer, the trend is sent to continue as competition begins to return the market. Several lenders including Halifax, Nationwide, Virgin Money, and Yorkshire Building Society introduced new five-year fixed rates below 5 percent.

We look forward to building upon these successes with you. 

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F E A T U R E D   A R T I C L E

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Off-Plan Property Investments: Your Path from London to Manchester,
Birmingham and Edinburgh.

If you’re looking for off-plan property investments in some of the UK’s most vibrant cities,
your search ends here! From the bustling streets of London to the thriving urban centres of
Manchester, Birmingham, and the historic charm of Edinburgh, we have a wide range of
 off-plan properties tailored to your investment needs.

Our Featured Developments

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Aspen, London

 Aspen, offers exceptional studio, 1, 2 and 3 bedroom apartments, which are designed to the highest standard offset by rich and sophisticated colour palette.

Starting from £550,000 with just a 5% deposit. Completing Q1 2024.

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Potato Wharf, Manchester

Potato Wharf is a peaceful Canal side Development, just a few minutes walk away from the bustling Bars and Restaurants in Deansgate and Spinningfields.

Starting from £350,000 with a tenant in situ for 12 months.

Off-Plan Property Investments: Your Path from London to Manchester, Birmingham, and Edinburgh

If you’re looking for off-plan property investments in some of the UK’s most vibrant cities, your search ends here! From the bustling streets of London to the thriving urban centres of Manchester, Birmingham, and the historic charm of Edinburgh, we have a wide range of off-plan properties tailored to your investment needs.


Why consider off-plan property?

Investing in off-plan properties offers a unique set of advantages. You get the opportunity to secure a property at today’s prices, potentially benefiting from its increased value upon completion. Plus, you often have a say in the property’s design and layout, making it a truly personalized investment.

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London: Where Tradition Meets Modernity

Whether its North, South, East or West London you are interested in we’ve got you covered.

London, the heart of the UK, is a melting pot of cultures and opportunities. Whether you’re interested in luxurious apartments overlooking the Thames or contemporary townhouses nestled in leafy suburbs, we have exclusive off-plan options that cater to every taste and preference.


Manchester: A city on the rise

From the skyscrapers in Deansgate, waterside property in Castlefield or modern developments in MediaCityUK, we’ve got you covered. 

Manchester, a city renowned for its industrial heritage and vibrant music scene, is now at the forefront of the UK property market. With numerous regeneration projects underway, investing in off-plan property here means you’re part of a city that’s constantly evolving.

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Birmingham: The City of a Thousand Trades

Whether its North, South, East or West London you are interested in we’ve got you covered.

Birmingham’s diverse economy and cultural richness make it a hotspot for property investment. Our off-plan properties in Birmingham range from chic city center apartments to spacious family homes in up-and-coming neighborhoods, promising excellent returns on investment.


Edinburgh: A city on the rise

From the skyscrapers in Deansgate, waterside property in Castlefield or modern developments in MediaCityUK, we’ve got you covered. 

Edinburgh, Scotland’s capital, is a city steeped in history yet brimming with innovation. From traditional stone-built properties in the historic Old Town to modern developments with stunning views of Arthur’s Seat, our off-plan options in Edinburgh cater to investors seeking a blend of heritage and contemporary living.

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Speak to our experts

Our team are on-hand to provide you advice and guide you through your investment journey. Contact us today.

Landlords | Key Lettings Legislation and Compliance Dates for 2023 & Beyond

 

From the Renters (Reform) Bill to the Chancellor’s Autumn statement, landlords are going to need Vesper Group’s guidance more than ever in 2023 when it comes to compliance. Here are some key events to look out for:

Second reading for the renters reform bill

Date: TBC

The Renters (Reform) Bill will improve the system for the 2.3 million landlords in England. The reforms have been developed in consultation with landlord and tenant groups over the past 5 years. Some of the legislations in The Renters (Reform) Bill include:

  • Abolishing section 21 ‘no fault’ evictions and moving to a simpler tenancy structure where all assured tenancies are periodic – providing more security for tenants and empowering them to challenge poor practice and unfair rent increases without fear of eviction.
  • Introducing more comprehensive possession grounds so landlords can still recover their property (including where they wish to sell their property or move in close family) and to make it easier to repossess properties where tenants are at fault, for example in cases of anti-social behaviour and repeat rent arrears.
  • Introducing a new Private Rented Sector Ombudsman which will provide fair, impartial, and binding resolution to many issues and prove quicker, cheaper, and less adversarial than the court system;
  • Giving tenants the right to request a pet in the property, which the landlord must consider and cannot unreasonably refuse. To support this, landlords will be able to require pet insurance to cover any damage to their property.

King's Speech

Date: 7 November 2023

The first King’s Speech for King Charles will take place on 7 November. This gives the government chance to share an overview on laws it aims to pass as well as its priorities for the coming months.

This will be the last parliamentary session before the general election which is expected in the first half of next year. Agents will need to listen out for any mention of the Renters (Reform) Bill to understand how that’s been prioritised for the end of this year.

Autumn statement from the Chancellor

Date: 22 November 2023

The Autumn Statement shares an update on the government’s plans for the economy. With a general election looming for this government, Jeremy Hunt will likely continue to face calls from the industry to offer more favourable tax incentives for landlords.

Increasing Minimum Energy Efficiency Standards (England and Wales)

Date: TBC

Although an increase to minimum energy efficiency standards is awaiting government feedback from the consultation stage, it’s expected that, from April 2025, all new tenancies for private rented properties will require an Energy Performance Certificate (EPC) rating of C or above, up from the current requirement of a band E rating.

From 2028, this increase will apply to all tenancies. This new legislation would also increase the capped amount that landlords would be required to invest to achieve the higher ratings, from £3,500 to £10,000.

Making Tax Digital for Income Tax Self Assessments (UK)

Date: 6 April 2026

For landlords registered for Income Tax Self Assessments and with an annual business or property income above £50,000, income and expenses will need to be submitted digitally four times a year from 6 April 2026, and allowances and adjustments at least once a year, under Making Tax Digital.

For landlords with an income between £30,000 to £50,000 the deadline is April 2027.