Dont be put off by speculation
Investment Potential
Property is a viable long term investment veehicle and can provide a regular income well after retirement
Investing in property allows yoou to release equity on a tax ffree basis
Possessions are forecast to rise from 27,100 in to 2007 to 45,000 this year. therefore, the opportunity to purchase a property below market value increases.
Acording to current figures produced by major financial institutions house prices will decrease up to 8% by the end of 2008.
UK Housing Market
Now is the time ti invest, its a buyers market, house prices are at aan all time low due to the credit crunch.
Population growth forecast to increase to approximately 63 million by 2016 compared to 58.8 million in 1996.
On average the UK needs 230,000 house built each year to meet the demand. Current figures show that to date there is a shortfall of approximately 60,000 per annum.
A higher proportion of people are unable to get onto the property ladder due to the credit crunch. Canny investors can capitalise on this by entering the Buy-to-let market.
Demand is outsrtipping supply. In the long-term the increase in demand for homeownership will eventually drive up the price of property.
The popularity of of buy-to-let will strengthen property prices in the medium to long term.
government figures reveal that there will be up to 40% of UK households occupied by only one person.
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