Will UK property ever be as popular again?
At the height of the boom time for the UK property market it seemed that nobody could lose money and conversely at the bottom of the UK property market it seems that nobody can make money. Investor sentiment is very often based upon short-term trends and many investors can become blinkered with regards to the potential long-term prospects for the UK property market. So will UK property ever be back in vogue?
Without doubt the UK property market, along with other investment markets, will eventually show signs of recovery and investors will soon forget the difficult times we have experienced over the last three years. However, the length of time between the top and bottom of the current economic cycle will be longer than that seen for nearly 100 years and as such investors may take some persuading when the economy finally does recover.
If you look back in time it soon becomes evident that the most successful investors are those who can keep a long-term outlook despite difficult short-term situations. These are the investors who are not scared to make mistakes in the short term but who believe in their long-term strategies and are prepared to "put their money where their mouths are".
House Prices Forecast To Rise 25% Over Next Five Years
The National Housing Federation (NHF) has given home owners a little bit of light relief with a forecast that house prices will grow by 25% over the next 5 years. However, the bad news is that there is still further to fall over the next couple of years with 2010 seen as a turning point (something which other groups have also flagged as the turn point in the market). So what is happening?
Why Are Overseas Investors Looking At The UK Property Market
The last few weeks has seen an increase in demand from overseas property investors for assets in the UK, with investors from Dubai very much at the front of the queue. So what is it about UK property which is attracting this overseas interest and will it continue?
Places like London have always held a special place in the minds and hearts of many in the property market. It offers...
Buyers vs. Sellers – the House Price War
There is set to be something of a standoff over the coming months, as buyers and sellers of houses within the UK lock horns over prices. There is a difference of opinion as to the price of housing from either side, with both seeking to gain as much as possible in the tough economy. This is not good news for the UK housing market, and is likely to further stall sales of houses in the future, ac...Read More
Young people priced out of housing market
New research shows that as many as a quarter of young people have been priced out of the housing market.A study by Hometrack found that the average house now costs more than five times the average first-time buyer's income, relegating many young people to rented accommodation.Hometrack's director of research, Richard Donnell, commented on the findings: "The affordability problems highlighted in th...Read More
Property investors suffer as capital gains tax increased
The new coalition government has confirmed that capital gains tax on property assets will be increased from the current flat rate of 18% with speculation the new figure could be as high as 40%. This is a bitter blow for the UK property sector which has been under pressure for some time now but it is believed that the additional income created will be used to increase the income tax threshold to th...Read More