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The United Kingdom, with a USD2.62 trillion GDP, ranks as the fifth-largest economy in the world in 2019. In the face of political uncertainties, the country s economy has remained stable and the country continues to be a secure home for investor capital.

House prices across the UK rose 0.5% in 2018 and forecasts estimate 10.3% cumulative growth by the end of 2023. While housing delivery has increased in the last few years, the country remains significantly behind its target of 300,000 new homes each year, adding additional pressure to the market.

Major infrastructure projects, including Crossrail, Underground extensions, High Speed Rail 2 and the Trans- Pennine Rail Tunnel are further improving the future outlook by encouraging economic growth throughout the country.

UNITED KINGDOM

Sources: JLL, parliament.uk

GLASGOW EDINBURGH

LEEDS

SHEFFIELD

BIRMINGHAM

LIVERPOOL

MANCHESTER

LONDON