Buy to let property investors are flocking to the Northern Powerhouse. The leading cities of the Northern Powerhouse, Liverpool and Manchester, brightest lights of the North of England, are buy to let property hotspots. Each offers low starting costs and high rental yields for investors who have wised up to the fact that there is serious money to be made in the Northern Powerhouse.
But what is the Northern Powerhouse? It is a project initiated by former UK Chancellor George Osborne. It aimed to kickstart the economies of Liverpool and Manchester. The initiative combines the Northern Powerhouse Investment Fund, the European Regional Development Fund and Local Enterprise Partnerships (LEPS).