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 continue to increase
06/11/2013 House prices have continued to rise for the ninth consecutive month. The average price increased by 0.7% in October to almost £172,000, creating an annual increase of 6.9%. Despite this, price and demand is still yet to hit the same levels seen during the housing boom in 2007. However, mortgage lender, the Halifax did say that there has been an increase in demand from potential b...Read More
Is the buy to let property market starting to wobble?
Revelations that mortgage arrears in the buy to let sector have increased substantially over the last few months is causing significant concern amongst UK lenders. This is a sector which for many months has seemingly managed to avoid the worst of the UK recession although tellingly it appears that more and more landlords are starting to struggle.
A mixture of a soft rental market to...
UK house prices increase in January
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Property expert fears Hips "chaos"
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