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Giving Investors Global Choices

The Mistoria Group is Growing

The Mistoria Group have evolved over the last 5 years into a major player in the NW investment scene, not only building a considerable Portfolio of 100+HMO and multi let properties but assisting many experienced and first time investors to own a hands off Investment that produce consistently high yields.

But in an ever changing marketplace the nature of property investments changes and opportunity is often a key component in the acquision of a good investment, but without ‘inside knowledge’ many solid property investments never get offered to the general public.

With that in mind  Mistoria Have launched new division to the Group

‘Mistoria International’

The focus of the new division will be to build on the domestic success of the group in two specific way

Firstly, bringing first class investment properties from all over the world to the UK marketplace, all investment will be vetted by our legal team prior to being offered so potential clients can invest in emerging markets with confidence.

Secondly, a strategy is in place to align with prominent agents in Hong Kong, Singapore, Taiwan, Melbourne, Washington, Moscow and Milan to attract foreign investment to the UK for projects particularly in the area of social housing.

‘It is truly exciting times in the world of Mistoria at the moment’, commented the head of the division Jerry O’Brien, ‘Being able to offer the best investments in the international Marketplace with a price spectrum from £7,000-£1,000,000 will appeal to both experienced and first time investors’.

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The number of people wanting to buy a house has fallen to the lowest level since mid-2008

The number of people wanting to buy a house has fallen to the lowest level since mid-2008 amid post-referendum uncertainty, according to the Royal Institution of Chartered Surveyors.

In its residential market survey, which has been carried out since the referendum, 27percent more surveyors polled said that house prices would fall rather than rise across the country in the next three months.

That dip in prices is expected to remain in London and the east of England for the next 12 months. This fall is not expected to be in the long term, however: those polled said that prices are still expected to rise over the next five years across the country, by an average of 14pc.

Simon Rubinsohn, the chief economist at Rics, said: “Rics data does suggest that the dip in activity will persist over the coming months, but the critical influence looking further ahead is how the economy performs in the wake of the uncertainty triggered by the vote to leave.

“Respondents to the survey are understandably cautious but with interest rates heading lower and sterling significantly so, it remains to be seen whether the concerns about a possible stalling in both corporate investment and recruitment are justified.’’

The survey said that there was the steepest fall in the number of properties coming to market ever recorded, with Northern Ireland the only place which bucked the trend.

It also reported that the number of agreed sales has fallen sharply since the referendum, because of sluggish demand and a lack of supply, due partly to a continued lull after stamp duty was hiked 3percent for investors and second home buyers. The south of England has been hardest hit, and this is expected to continue in the short term.

Lucian Cook, head of residential research at Savills, said: “The current month’s figures suggest countrywide impact on sentiment which is to be expected, however previous months’ results would indicate that a slowdown in London has been on the cards for some time.  It looks like the Brexit vote may be the trigger for this to materialise.”

Adam Challis, head of residential research at JLL, said: “It is encouraging to see the longer-term measure staying positive, suggesting any house price correction will be mild and short-lived.”

He added: “In London, the deeper impacts of Stamp Duty changes continue to dampen activity. This has more serious implications for desperately needed new build supply.”

Meanwhile, there are 8percent more new properties advertised to rent in the second quarter of this year, compared to the same period last year, according to the Rightmove rental tracker. This is as a result of the surge of investors buying properties before stamp duty for buy-to-let homes was hiked 3percent.

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We love cricket – so we sponsored a team

As keen sports fans Mistoria are sponsoring the Manchester Lions Cricket Club for the 2016 season.

Playing in the 2nd Division against teams from across the Midlands and  North of England including Leeds, Birmingham and Stoke, the Lions have had a cracking start to the year with 4 wins out of 4 so far. This follows on from an unbeaten season last year when they managed to win 8 games out of 8.

Playing from a home ground in Cheetham Hill, the Lions have so far beaten Manchester University 5th XI and Sheffield Lankans.

Here are some shots of the team in action together with Mistoria CEO Mish Liyanage.