Monday, 30 June 2014

Prosperity launches a New Development

Prosperity is pleased to offer our new development- Abbey Park 1- a range of 16 studio, 17 one bedroom apartments and 13 two bedroom apartments, all complete with secure access parking at the adjacent NCP car park.

Situated on the corner of Abbey Street and Gravel Street, Abbey Park enjoys a wide range of amenities close by including the flagship Highcross Shoppping Centre, as well as the highly regarded Leicester and De Montfort Universities.
Leicester is recognized as a dynamic and cosmopolitan city - and it is within easy reach of central London. Just a few miles away from the city buzz lie some of England's finest countryside and historic market towns - making Leicester and Leicestershire serious contenders on the relocation shopping list. You can live in a vibrant urban setting with great city shopping, restaurants and cultural experiences close at hand, within minutes of beautiful countryside.
Abbey Park represents high quality, city center living. Located in the heart of Leicester, this six storey scheme will offer mixed use accommodation comprising 46 residential apartments as well as commercial office space.

KEY POINTS:

  • Type: modern development, comprising a – mix of studio, one and two bedroom apartments, set across six storeys
  • Location: Leicester
  • No of Units: 46 apartments – mix of studio, one and two bedroom apartments
  • Guide prices at point of sale: £64,595 - £108,995
  • Predicted yield at point of sale: 6.5% - 7.9%

Sunday, 29 June 2014

Prosperity is hiring! (UAE)

Business Development Manager/Account Manager, Dubai




Due to demand within the Middle Eastern markets we are looking for an addition member to join our team based at our Dubai office.


Job description


Overall; the goal is to establish, grow and develop our business in Middle East and further currently underutilized territories. Starting as a Business Development Manager, growing upon attainment of targets to Account Manager.

Whilst travelling this path, you will assist in developing and driving new business forward, be targeted on new business generation via external introducers through business to business relationships as your primary role.

Business to Business account generation and management. Our initial target will be to develop the potential of new territories. You would explore and maximize the potential business from data and potential connections already partially in place.

Building and maintaining the relationship requires consistent contact via telephone/email and in-person visits to answer questions, solve problems, present new products etc.


The Opportunity

All going well from Q2 2015 you will progress to account manager as we recruit an assistant to support and maintain your existing introducer relationships - leaving you free to develop the business further and achieve your business and personal income targets. Implementing marketing strategies and introduce marketing concepts from your past experience through this person.


Desired Skills and Experience

  • Good communication and presentation skills
  • Motivation for Sales and Sales Planning
  • Good market knowledge
  • Prospecting skills
  • Tact and diplomacy
  • A good grasp of numbers and the ability to write documents in a professional style
  • Excellent self-management and organizational skills
  • A hunger to stay up to date with economic matters
  • Financial Services experience required


Friday, 27 June 2014

Invest in Leicester

Invest in Leicester


Leicester is a unitary authority area and a city in the East Midlands of England. Leicester has been voted one of the best cities to carry out business. It is popularly termed as the city with no boundaries. It is known as the Space Capital of the United Kingdom and has the biggest Space Science Center for research in Europe, the National Space Center. The economical upsides of this city coupled with multiple benefits and its unique lifestyle make Leicester one of the most desired places to invest.

The infrastructure of Leicester is also one of the best in the entire United Kingdom. As it is situated near the motorway networks, it has direct access to all the major roads of the UK.

 It has the largest mail and pure cargo airport in the UK which manages as much as 30% of the total pure freight of the UK. The wage rate and lower commercial office property are also very low as compared to other cities in the United Kingdom. This feature makes it the best destination for small and medium-sized enterprises. The house rates are also low in Leicester, as compared to the national average.

 It has a total workforce greater than 1.2 million and that too within commuting distance. It is a home for 2 million consumers and also has a sound educational background.

 The major industries flourishing in Leicester are Engineering, Food and Drink and Financial and Business Services. It is already home to more than 350 foreign businesses and some of the best companies such as the RBS, Alliance and Leicester. 3M and AstraZeneca are also successfully thriving in this city.

 The future prospects in Leicester are also very bright. It is estimated that a whopping three billion pounds of investment is going to take place in Leicester in the next five year period. Strong links have also been built with some of the major growing economies of the world such as India and China. The Science Parks prevailing in Leicester act as a major link between education and business.

 To provide help and proper support to overseas investors, there are various investor development services operating and thriving in Leicester. These services offer appropriate help such as skilled employees, innovation capabilities and financial investments necessary for the growth and development of any business.

 With such massive potential and unlimited benefits, a large number of people are opting for Leicester. It is a city which provides exciting possibilities and a whole lot of new and innovative opportunities to investors.

With opportunities pervasive in almost all the sectors and an existing political harmony, Leicester is considered to be one of the best places for investors to set-up and develop their business.


    Abbey Park



Source: http://investinuk.net/

Monday, 16 June 2014

Largest ever May rise as new sellers ask nearly 10k more

Largest ever May rise as new sellers ask nearly 10k more



Average property asking price:
May 2014
April 2014
£272,003
£262,594

% change in month:
May 2014
April 2014
+3.6%
+2.6%

% change in past year:
May 2014
April 2014
+8.9%
+7.3%

Monthly index (Jan 2002 = 100)
May 2014
April 2014
221.3
213.7
  •  New sellers’ asking prices up by an average of 3.6% (+£9,409) in May, the largest ever rise recorded at this time of year and another new all-time high
  • The price of property coming to market is now 8.9% higher than a year ago:
    •  Highest annual rate for over six years, since October 2007 (+10.4%)
    • London up by ‘frothy’ 16.3% and while the capital’s momentum is spreading, the rest of the country is only up by a more modest average of 4.9%, failing to fit the ‘bubble’ narrative.
  • The average asking price in London is up by nearly £80,000 so far in 2014 – or £4,500 a week – yet the national average excluding London is £1,500 a week highlighting the disparity between London and the rest of the country
  • Mortgage Market Review can help temper the wider market, though London needs major housing supply boost to prevent excessive rises with ten out of 32 boroughs having annual rises of over 20%
source: The Rightmove House Price Index (May 2014 edition)

Average UK house price hits record high of GBP186,512




Average UK house price hits record high of £186,512


The accelerating property boom pushed the average house price up to a record £186,512 in May, according to the UK’s biggest building society.

Nationwide said prices rose by 11.1 per cent over the past 12 months. The increase from £167,912 in May 2013 works out at £1,550 each month.

The last peak recorded by the Nationwide was £186,044 in October 2007.

James Hall, director of estate agents, Fishneedwater, said: “With mortgage rates as low as they are and consumer confidence so high, the property ­market now has an implacable momentum.”

He said 2008 and 2009, when house prices fell by up to 16 per cent, now felt “like they were in another century”.

Mr Hall added: “After Monday’s report from the Bank of England, it’s now pretty clear that the Mortgage Market Review has impacted the number of mortgage approvals. Whether this is a blip or the beginning of a trend is too early to say.”

The May jump, measured on an annual basis, compared with a 10.9 per cent rise in April. On a monthly basis, prices rose 0.7 per cent in May.

The rapid rises run counter to other indicators that have suggested the market is cooling slightly. On Monday, the Bank of England said the number of mortgage approvals had fallen for the third successive month, and stood 17 per cent lower than in January.

Robert Gardner, chief economist at Nationwide, said while there had been “tentative signs” of the market moderating, “it is too early to say whether nationally this is indicative of a cooling trend in the wider market”.



Source: http://www.express.co.uk/news/property/480082/Property-boom-causes-average-UK-house-price-hits-record-high-of-186-512

Why Invest In Birmingham?

Why Invest In Birmingham? 


Birmingham often lingers under the shadow of London and Manchester, but it has done well in proving itself as the UK’s second city. Birmingham is the home of Cadburys, Jaguar Landover, potentially the HS2 rail link and a clutch of blue chip accountancy firms such as Grant Thornton and PWC.
The residential market in Birmingham has changed beyond all recognition following the slowdown in 2008. Over the preceding years, the market remained static but in 2013 the market in Birmingham began to see significant changes and demand outstripped supply for investment property. As money remains relatively cheap and the mortgage market is becoming less onerous, this demand is unlikely to recede.
Birmingham has much to be proud of as it’s continues to be known as one of the most thriving cities in the UK and is admired for its great central location. It attracts millions of people each year; showing itself as a great city to study, work and to live. Birmingham's New Street is the busiest rail interchange outside of London. It is also the centre of the National Express bus network and has its own international airport, which is served by major airlines such as Emirates Airlines and provides connections to New York, Amsterdam, Paris and many more popular destinations.
With three universities Birmingham is considered a prime location to study and holds the UK’s second largest student population outside of London. More and more overseas students and young working professionals are choosing to settle in Birmingham as it offers a vibrant lifestyle along with affordability and exceptional transport links to the rest of the UK and beyond.
 As urban city centre living is becoming increasingly popular among the young working professionals, the rental market is thriving, meanwhile attracting more and more buy to let investors to Brum. The city centre in particular provides landlords with strong yields and little worry as to whether their property will let. Birmingham was recently voted one of the top ten investment hotspots as prices in London continue to escalate to unprecedented levels. With the latest investments including the £600m redevelopment of Birmingham New Street Station and the recent approval of £32Bn HS2 rail link to London, Birmingham will only be a 49 minute journey from the capital, making it a desirable location for investors and owner occupiers. Such development schemes are drawing new companies into the city and enabling Birmingham to further build on its reputation as a leading competitor amongst major European cities. The recently opened Library Of Birmingham (the largest in Europe) and the development of Grand Central-which will sit above the New Street Station, is certainly laying a solid foundation for Birmingham to become the business centre of the future. Birmingham showcased such regeneration projects at the MIPM, which is the world’s largest real estate show. The show took place in Cannes and welcomes a range of over 2,000 participants including investors, CEO’s and journalist. Birmingham highlighted a number of its flagship schemes and the cutting-edge regeneration projects for its infrastructure, providing a range of opportunities for investors and developers Over the next few years Birmingham will see significant investment in infrastructure, including the extension on Birmingham International, so this is an ideal time to consider Birmingham as an investment potential.

Source: Orchard and Shipman Group