The UK economy is beginning to show signs of recovery, with the property market in particular continuing to show healthy levels of growth. It’s this stability that is attracting investors across the globe, who see the value in an asset class that isn't as vulnerable to economic uncertainty.

London has continued to offer diminishing returns, as house prices continue to grow at an unaffordable rate. With lower entry levels and a growing renter base, more investors are now looking to the north to achieve a much better ROI.

The northern cities which have attracted the most interest over the last 12 months include Manchester, Liverpool, Bradford. It is true that these urban centres are thriving, not just in the residential market but also in the student housing sector.

In addition, the nearby suburban areas are expanding well, with many people content to live a little beyond the city core, with each of these cities offering a short daily commute.

According to data from the most recent 12 months from the HM Land Registry, Manchester's house prices increased by 14.7% over the previous year, while those in Liverpool and Bradford increased by 15.5%, 14.1%, respectively.

The data is a clear indication that each urban area is expanding swiftly, and the returns there are far more predictable when investing large sums of money. The UK property market has always been a popular addition to any investor’s portfolio.

If you’d like to know more about investing in the UK property market, speak to a member of the Compare Yields team today.