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".
Why do we depend so much on the property market?
While we have touched on this subject in some of our earlier post it is still a subject which confuses and annoys some people. Why do we really depend upon the property market so much? Why is it such an integral part of our lives?
There are many reasons why we depend on the property market which include:-
Some where to live!
While this may seem the mos...
Private renting outstrips council and housing associations
26/02/2014 The number of privately rented homes in England now stands at 4 million for 2012-13, in comparison to the 3.7 million homes that are rented by councils and housing associations, according to a survey published by the Department for Work and Pensions (DWP). Additionally, the number of owner-occupied homes fell to 14.3 million (65.2% of all homes in England), which is the lowest per...Read More
Scottish property market in short-term bounce
The Scottish property market produced a very surprising scenario this week with news from the Council of Mortgage Lenders that mortgages agreements for first-time property buyers increased by 18% to 4,700 in the second quarter of 2010. The total of these mortgage arrangements was £419 million which was again a significant increase of 27% against the first quarter of 2010. The situation for tho...Read More
Those considering equity release should 'move fast'
Those homeowners considering triggering equity release on their property may be wise to move fast, considering the house price drops foreseen by experts.Alex Edmans, a personal finance adviser from Saga, has reminded Brits that with house prices falling, the amount of money available to be borrowed through equity release will go down.Mr Edmans went on to warn that customers must ensure that their...Read More
Is Property Group Mapeley Bucking The Trend?
News that Mapeley Group has managed to buck the trend of the property market has made many investors sit up and take notice but is it really that straight forward?
Firstly it is only right to point out that Mapeley works with government departments and blue chip clients, acquiring their properties and managing assets which have the more dependable tenants on board, an outsourcing gr...