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'inpats' - Looking For The Hotspots

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EU Membership - The Impact on the UK

The 2004 enlargement of the European Union had a significant impact on the UK and the property market here. The enlargement led to many workers from Eastern Europe coming to this country for work. Before 2004, the UK government estimated that the immigration of workers from Eastern Europe to the UK would be around 13,000 a year. According to the Government’s Worker Registration Scheme, 345,000 workers have so far come into the UK from Eastern Europe. This list does not include those who have entered and have not registered, which will include some self-employed workers. Some estimate the unofficial number to be closer to 2,000,000.

The UK is also at the top of the list of countries that take in asylum seekers from Europe. The Organisation for Economic Co-operation and Development’s latest statistics show that almost one in five of all asylum seekers in the West come to the UK. The UK takes in more asylum seekers than the United States of America.

2007 will see a further wave of European immigrants, or ’inpats’ as they now known, coming to the UK. This is the year when Romania and Bulgaria enter the European Union, with the Balkan states following closely behind. According to the Institute for Public Policy Research, 40,000 Romanians and 15,000 Bulgarians are expected to arrive in 2007. In reality, 100,000’s of inpats will come to the UK from Europe over the next few years and particularly from the emerging Eastern European marketplace.

Whatever the political and economic arguments for and against this immigration, it is going to happen. For UK property investors, this is good news. The inpats need somewhere to live and most of them will rent rather than buy properties. This is going to lead to increasing demand for buy-to-let properties in inpat hotspots.

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Hotspot Locations - Ealing?

Brits who live or work overseas tend to base themselves close to fellow Brits. That is human nature and it can be seen all across Europe, on the Spanish Costas and the French forests. There are lots of little Brit, German and other communities,

It is the same with inpats coming into the UK. In London, Manchester, Birmingham and all of the big cities, most of the inpat communities live in the same streets and areas. UK property investors who want to profit from buy to let opportunities to the inpats arriving from 2007 onwards just need to see where these Eastern Europeans are currently living.

The cities will see the biggest inflows, and especially in London. Most of the jobs will be in London and the South-East. Manchester and Birmingham should see inflows too. Property investors should talk to letting agents in these cities to see what is happening and where. It is also worth talking to letting agents to see exactly what types of accommodation are needed for these inpats. According to new research from Coutts Bank, close to 100,000 executive inpats arrive every year in the United Kingdom. They stay here for an average of three years. The majority come into London and other city centres.

These inpats want to rent properties in easily accessible, established locations. They want to see a mix of shops, easy access to the city centre, and places to relax. If they have families, and the majority of them staying for three years do not, they want to be located close to international schools and colleges. They also want luxury furnishings throughout the property with high-spec kitchens with mod-con gadgets, two bathrooms on average for every three bedrooms, a study with broadband and cable facilities and high levels of privacy and security. Checking this market carefully can yield a localised hotspot. For instance I would expect the rental market in Ealing in West London to be a strong one for a good many years because, for reasons I cannot explain, it is the location of choice for many, if not most, of the large number of Polish workers coming to London.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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