October 30, 2014

Pinnacle invest further into Liverpool

Pinnacle are pleased to announce the launch of its newest project, Plato House, in Liverpool. Following in depth consultation with our investors, Pinnacle is releasing this development as an 86 studio development, in the very heart of Liverpool. Located in Greek Street, close to the facilities of the nearby Liverpool Lime Street Station, the development …

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shortage british housing

Britain running out of homes

The UK is still in desperately short supply of new houses, with demand still regularly outstripping supply. According to Lloyds Bank, this shortage may actually have adverse effects on the state of the British economy. Antonio Horta-Osório, Lloyds chief executive, said at least 60,000 homes were needed to help tackle the current level of supply. …

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Chinese investment

Chinese investment in Britain set to soar

Between 2005 and 2013, the world’s second biggest economy pumped over £11 billion pounds into the British economy. Whilst this figure may appear substantial, it pails into insignificance into the figure predicted to be invested by 2025. According to a report by the London based Centre for Economics and Business Research, and the law firm …

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Mortgage prices hit record low

In recent months, the UK has seen a price war not seen for almost a generation. Mortgage lenders, desperate to entice new business, have seen rates fall to all-time lows, with some fixed rate mortgages now less than 1%. The average two-year fix has dropped to a record low of 3.46%, down from 3.65% six …

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Britain and the EU

In last month’s newsletter, Pinnacle looked at the effect of the Scottish referendum on the British property market. This month, we will take an in depth look at the UK’s relationship with Europe, and how the UK looks set to act in the coming years. Whilst the ‘auld alliance’ between Scotland and the rest of …

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