What’s in store for 2010?

Author: John Cooper / Category: Weekly Summary

What Is In-Store For 2010?

There have been a lot of predictions floating around about the property market over the last quarter of 2009. On the one hand you have got property advisors predicting that property prices will rise by 3%-5% over the next 12 months. But others such as Savills and Capital Economics are seeing a much bleaker picture with property prices falls of 6.6%-10%.

However, if we have learnt anything over the last year is that as property investors we need to take these predictions with a pinch of salt. After all, if you compare the predictions laid out at the beginning of 2009 to what actually occurred, property experts saw no property price increases at all…

2009 – The Year Of Huge Investments Read more…

UK Property Weekly Update – Will 2010 Be The ‘Year Of The Landlord’?

Author: John Cooper / Category: Weekly Summary

Will 2010 Be The Year Of The Landlord?

Research by popular property website Rightmove suggests 2010 may be the ‘Year of the landlord’ after property prices fell for the second month in a row.

Although it is traditional for property sales/prices to fall during Christmas – with a brief reawakening in spring – Rightmove believes there will be further property price falls before the property market enters into a period of complete stagnation.

71% Of Investors Say ‘Bye Bye’ To The UK Read more…

UK Property Weekly update – 6 december 2009

Author: John Cooper / Category: Weekly Summary

Properties Repossessed Every 11 Minutes

Research by the debt organisation Credit Action has revealed that a new property is repossessed every 11 and half minutes – a startling figure considering credit card lending has gone down.

Yet, despite stricter budgeting endeavours by the general public, more than 9,300 people are believed to be visiting Citizens Advice every day as they struggle to cope with their personal debts. Read more…