{"id":72740,"date":"2021-08-18T10:55:25","date_gmt":"2021-08-18T10:55:25","guid":{"rendered":"https:\/\/secondchargemortgageuk.com\/?p=72740"},"modified":"2021-08-18T10:55:28","modified_gmt":"2021-08-18T10:55:28","slug":"uk-economy-well-positioned-for-gdp-growth","status":"publish","type":"post","link":"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/","title":{"rendered":"The UK economy is well positioned for GDP growth"},"content":{"rendered":"\n

The avoidance of a no-deal Brexit has removed a major downside risk for the UK economy, says Giles King the CEO at Mayfair Capital<\/h3>\n\n\n\n

Despite uncertainties surrounding Covid-19, the UK economy is projected to deliver significant GDP growth over the next five years and should find itself among the fastest growing European countries, underpinned by strong consumer spending trends.<\/p>\n\n\n\n

The avoidance of a no-deal Brexit has removed a major downside risk for the UK economy.<\/p>\n\n\n\n

Business confidence is high, and companies are likely to resume investment after adopting a \u201cwait and see\u201d approach in recent years.<\/p>\n\n\n\n

Meanwhile, even though a deal with the EU covering financial services remains elusive, the UK has been increasingly diversifying away from finance since 2012, in favour of technology and professional services.<\/p>\n\n\n\n

Consequently, the risk to overall employment is lessening. In addition, the UK\u2019s strong early vaccination programme and high vaccine acceptance should unleash significant pent-up consumer demand.<\/p>\n\n\n\n

Business activity has already recovered rapidly, with all sectors witnessing expansion, as evidenced by the 4.8 per cent growth recorded for the UK economy in the second quarter of 2021.<\/p>\n\n\n\n

To find out more about how we can assist you with your Second Charge Mortgage please click here<\/a><\/em><\/p>\n\n\n\n

This provides a firm foundation for increased occupational demand across all types of real estate. In the past, strong real estate performance has followed economic downturns \u2013 after the dot-com crash of 2000 and the financial crisis in 2008, for example.<\/p>\n\n\n\n

In our view, UK real estate is poised for a strong and rapid performance rebound in the period ahead. Aside from economic fundamentals, there is a clear rationale for UK real estate investment. First, the real estate yield spread over gilts is extremely wide, and UK property appears underpriced relative to European markets.<\/p>\n\n\n\n

According to JLL\u2019s Global Transparency Index, the UK\u2019s real estate market, which see more than \u20ac60bn (\u00a351bn) in investment per year, is one of the largest in Europe, as well as the most transparent, and this should support demand.<\/p>\n\n\n\n

Prime London city office yields in the final quarter of 2020 remained at Q4 2016 levels and were higher than other major European cities. In contrast, in markets such as Paris, Berlin, Munich and Madrid, prime yields have fallen below Q4 2016 levels, in some cases by up to 80 basis points.<\/p>\n\n\n\n

While economic trends are positive, the recovery will not be universal. The pandemic has hastened structural changes that have been evolving for several years.<\/p>\n\n\n\n

This is evident between sectors and within sectors, as shifting occupational demand creates vast differences between locations and assets.<\/p>\n\n\n\n

Conditions in the UK real estate market indicate clear opportunities for growth. But in a polarising market, the risks are numerous.<\/p>\n\n\n\n

By Giles King<\/em><\/p>\n\n\n\n

Source: iNews<\/a><\/p>\n\n\n\n

Discover our Second Charge Mortgage Broker<\/strong><\/a> services.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The avoidance of a no-deal Brexit has removed a major downside risk for the UK economy, says Giles King the CEO at Mayfair Capital Despite uncertainties surrounding Covid-19, the UK economy is projected to deliver significant GDP growth over the next five years and should find itself among the fastest growing European countries, underpinned by […]<\/p>\n","protected":false},"author":1,"featured_media":72361,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1978],"tags":[2090,2164,2075],"yst_prominent_words":[],"acf":[],"yoast_head":"\nThe UK economy is well positioned for GDP growth<\/title>\n<meta name=\"description\" content=\"Despite uncertainties surrounding Covid-19, the UK economy is projected to deliver significant GDP growth over the next five years.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The UK economy is well positioned for GDP growth\" \/>\n<meta property=\"og:description\" content=\"Despite uncertainties surrounding Covid-19, the UK economy is projected to deliver significant GDP growth over the next five years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/\" \/>\n<meta property=\"og:site_name\" content=\"Second Charge Mortgage UK\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-18T10:55:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-08-18T10:55:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/secondchargemortgageuk.com\/wp-content\/uploads\/2020\/11\/money-2949458_960_720.png\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/#organization\",\"name\":\"UK Mortgage Broker\",\"url\":\"https:\/\/secondchargemortgageuk.com\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secondchargemortgageuk.com\/wp-content\/uploads\/2020\/01\/transparent.png\",\"width\":726,\"height\":334,\"caption\":\"UK Mortgage Broker\"},\"image\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/#website\",\"url\":\"https:\/\/secondchargemortgageuk.com\/\",\"name\":\"Second Charge Mortgage UK\",\"description\":\"Mortgage Solutions for Clients with Adverse Credit\",\"publisher\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/secondchargemortgageuk.com\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secondchargemortgageuk.com\/wp-content\/uploads\/2020\/11\/money-2949458_960_720.png\",\"width\":960,\"height\":640,\"caption\":\"Band of England GDP UK economy UK economic recovery Pound Sterling UK economy\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#webpage\",\"url\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/\",\"name\":\"The UK economy is well positioned for GDP growth\",\"isPartOf\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#primaryimage\"},\"datePublished\":\"2021-08-18T10:55:25+00:00\",\"dateModified\":\"2021-08-18T10:55:28+00:00\",\"description\":\"Despite uncertainties surrounding Covid-19, the UK economy is projected to deliver significant GDP growth over the next five years.\",\"breadcrumb\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/\",\"url\":\"https:\/\/secondchargemortgageuk.com\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/\",\"url\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/\",\"name\":\"The UK economy is well positioned for GDP growth\"}}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#webpage\"},\"author\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/#\/schema\/person\/2a6baa7be34813e3821576e78b74f615\"},\"headline\":\"The UK economy is well positioned for GDP growth\",\"datePublished\":\"2021-08-18T10:55:25+00:00\",\"dateModified\":\"2021-08-18T10:55:28+00:00\",\"commentCount\":0,\"mainEntityOfPage\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#webpage\"},\"publisher\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#primaryimage\"},\"keywords\":\"gdp,second charge mortgage,uk economy\",\"articleSection\":\"Second Charge Mortgage UK\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/secondchargemortgageuk.com\/uk-economy-well-positioned-for-gdp-growth\/#respond\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/secondchargemortgageuk.com\/#\/schema\/person\/2a6baa7be34813e3821576e78b74f615\",\"name\":\"Marketing\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/secondchargemortgageuk.com\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/58097a1900583ccc6a78711c63c1b8f7?s=96&d=mm&r=g\",\"caption\":\"Marketing\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","_links":{"self":[{"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/posts\/72740"}],"collection":[{"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/comments?post=72740"}],"version-history":[{"count":1,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/posts\/72740\/revisions"}],"predecessor-version":[{"id":72741,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/posts\/72740\/revisions\/72741"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/media\/72361"}],"wp:attachment":[{"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/media?parent=72740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/categories?post=72740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/tags?post=72740"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/secondchargemortgageuk.com\/wp-json\/wp\/v2\/yst_prominent_words?post=72740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}