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".
Will house prices really fall further?
The question of house prices in the UK is one on the lips of many people amid concerns for the UK economy and the UK property sector in the short to medium term. There is no doubt that the latest surveys of the UK property sector seem to indicate trouble ahead but there is also no doubt that an increase in concern amongst UK consumers could effectively end up in a self fulfilling prophecy whereby...Read More
House prices firm but demand starts to weaken
In a rather bizarre situation we have seen the number of potential buyers in the UK property market fall in the four weeks to May 8 while the cost of houses in the UK increased by 0.7%. It is unclear as to why the price of houses in the UK would push higher if demand is weakening although in all honesty it has been near impossible to forecast the direction of UK property market in the short term....Read More
Property giants face cash calls
It is rumoured that Hammerson and British Land, two giants of the UK real estate sector, are set to ask investors for cash injections totalling £1 billion. There have been rumours for some time that the UK commercial property sector is in serious trouble with suggestions that UK banks may have to write off anything up to £200 billion over the next few years. The suggestion that Hammerson and Bri...Read More
Rural property demand 'far outstrips supply'
The ratio between the number of applicants per available house in the British countryside is now reportedly 15 to one.According to the latest research the problem is the most acute in the south-east and south-west of England, with up to 29 people applying for a single property in Tunbridge Wells, Ascot and Worcester.Estate agent Knight Frank says that City bonuses and overseas buyers are contribut...Read More
Last Housebuilder Relegated From The FTSE100
In a sign of the times there are no housebuilders left in the Blue Chip share club, the FTSE100, which contains the elite of the UK business world. The relegation of Persimmon to the FTSE250 was the last of the housebuilders to leave the FTSE100 with Barratt Developments and Taylor Wimpey recently biting the dust.
While the move was fully expected there are short term repercussio...