More Investors See Property As A Pension
With a growing number of people becoming disillusioned with pensions and bank saving
rates at an all-time low, more investors understandably now see their properties as a
means of funding future retirement, research shows.
According to a survey conducted by BDRC Continental, 61 per cent of...
Plus
More Investors See Property As A Pension With a growing number of people becoming disillusioned with pensions and bank saving rates at an all-time low, more investors understandably now see their properties as a means of funding future retirement, research shows. According to a survey conducted by BDRC Continental, 61 per cent of landlords plan to live off the rental income from their investment properties, 20 per cent will sell some of the properties in their portfolio, whilst five per cent intend to dispose of all of the properties in their portfolio to fund retirement. Mark Long, director at BDRC Continental, said: “Landlords consistently tell us that they see their property portfolio as forming a critical part of their pension provision for the future. On average, landlords intend to remain active in the rental sector for another 15 years or so, and see a combination of capital gains and rental income as underpinning their pension strategy. ” With research showing tenant demand
Moins
Par smithjohnson34
Microsoft Word
Publiée le 2 Jan. 2013
Pages: 4
Lectures: 0
Téléchargements: 0
Rents Could Soar On The Back Of London Housing Shortage
Anyone searching for a flat to rent in St Johns Wood will find that there are not that
many homes to choose from.
In fact, anyone looking for a home to rent anywhere in and
around prime central London will almost certainly discover a dearth of properties to let due
to the growing...
Plus
Rents Could Soar On The Back Of London Housing Shortage Anyone searching for a flat to rent in St Johns Wood will find that there are not that many homes to choose from. In fact, anyone looking for a home to rent anywhere in and around prime central London will almost certainly discover a dearth of properties to let due to the growing housing shortage in the capital. Log-on to any major property portal and search for ‘houses to rent in Fitzrovia’ or ‘apartments to rent in Mayfair’ and you will see that there is a restricted selection of properties to choose from. The growing demand-supply demand imbalance in prime central London may be welcome news for landlords, but it is creating problems for some tenants as rents continue to soar. The cost of renting a home in England and Wales increased by 1. 1 per cent in September to reach a new record high of £741, on average, per month, according to LSL Property
Moins
Par smithjohnson34
Microsoft Word
Publiée le 19 Nov. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
International Demand For Homes In Prime Central London
Continue To Rise
The Eurozone crisis has continued to boost international demand for houses and flats to
rent in Fitzrovia, Mayfair, Hyde Park, among a host of other prime central London
locations.
The fact that London is generally viewed as a ‘safe haven’ amid the economic...
Plus
International Demand For Homes In Prime Central London Continue To Rise The Eurozone crisis has continued to boost international demand for houses and flats to rent in Fitzrovia, Mayfair, Hyde Park, among a host of other prime central London locations. The fact that London is generally viewed as a ‘safe haven’ amid the economic turmoil in the Eurozone means that more people are moving to the capital in order to escape the calamity and preserve their wealth. But while many foreigners may prefer to buy property in London, the general shortage of homes on the sales market is forcing them to rent property instead. "We have reached the point of no return for the housing market,” said Gemma Duggan of the National Housing Federation. “Successive governments have failed to tackle the undersupply of housing and time is now running out. ”
Moins
Par smithjohnson34
Microsoft Word
Publiée le 19 Nov. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
Prime Central London Property Market Activity Picks-Up
During almost six weeks of the Olympic and Paralympic Games in London, the amount of
people out looking at property fell as many Britons spent time watching sporting events
instead.
Research conducted by the Royal Institute of Chartered Surveyors reveals that during the
Olympic...
Plus
Prime Central London Property Market Activity Picks-Up During almost six weeks of the Olympic and Paralympic Games in London, the amount of people out looking at property fell as many Britons spent time watching sporting events instead. Research conducted by the Royal Institute of Chartered Surveyors reveals that during the Olympic Games nine per cent more surveyors reported falls in demand, in comparison to four per cent in July, illustrating the fact that Olympics was a genuine distraction for potential buyers. “Understandably, the amount of people out looking at property fell away slightly,” said Ian Perry of the Royal Institute of Chartered Surveyors. However, with London’s golden summer now a fading memory, more people have turned their attentions back to property resulting in greater activity, particularly in the prime Central London property market. The latest Cluttons Residential Investment Monitor report reveals that activity in the prime Central London property market has
Moins
Par smithjohnson34
Microsoft Word
Publiée le 19 Nov. 2012
Pages: 2
Lectures: 0
Téléchargements: 0
Property Sales Expected To Rise In Prime Central London
Many experts estimate that property sales could rise on the back of government efforts to
help make mortgages more readily available following a rise in the number of mortgage
approvals issued.
The Bank of England has announced that mortgage approvals increased following the...
Plus
Property Sales Expected To Rise In Prime Central London Many experts estimate that property sales could rise on the back of government efforts to help make mortgages more readily available following a rise in the number of mortgage approvals issued. The Bank of England has announced that mortgage approvals increased following the launch of the £80 billion Funding for Lending Scheme (FLS) by the BoE and the Treasury in August designed to increase the availability of cheaper loans and mortgages for businesses and households. So far over 20 banking groups, including the five largest lenders in the UK, have signed up to the Funding for Lending Scheme, while funding costs have fallen by around one percentage point. Fresh data from the Bank of England shows that the volume of loans approved for property purchases increased by 2,103 to 50,024 in September, while the number of loans approved for remortgaging rose by 1,860 to 28,343. “Market conditions are definitely improving at present,”
Moins
Par smithjohnson34
Microsoft Word
Publiée le 19 Nov. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
Prime Central London Property Price Growth Continues
Prices for the best residential properties in central London increased further in August
2012 on the back of consistently high demand from national and international
homebuyers, according to the latest Knight Frank report.
Knight Frank s Prime Central London Sales Index for August...
Plus
Prime Central London Property Price Growth Continues Prices for the best residential properties in central London increased further in August 2012 on the back of consistently high demand from national and international homebuyers, according to the latest Knight Frank report. Knight Frank s Prime Central London Sales Index for August 2012 reveals that the average price of a home in prime central London appreciated by 0. 5 per cent in August compared to the previous month, taking annual growth to 9. 9 per cent. Prices have now increased by a staggering 49. 9 per cent since the post credit-crunch low in March 2009, and are now at an all-time high - 14% above their previous peak in March 2008. Liam Bailey, Knight Frank s head of residential research, said: “The strongest price growth over the past three months was seen in the £10m+ price bracket with an increase of 2. 9%. The slowest growth, 1. 4%, was seen in the £1m to £2. 5m bracket, which could be explained by uncertainty surroundi
Moins
Par smithjohnson34
Microsoft Word
Publiée le 12 Sept. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
London Property Market Strengthens Further
The average price of a UK home increased by around 1.
3 per cent in August, the biggest monthly
rise in two and a half years, led by gains in London, according to the latest figures released by
Nationwide.
Property prices are being driven upwards by a high level of property investment...
Plus
London Property Market Strengthens Further The average price of a UK home increased by around 1. 3 per cent in August, the biggest monthly rise in two and a half years, led by gains in London, according to the latest figures released by Nationwide. Property prices are being driven upwards by a high level of property investment activity as investors seek to take advantage of high rental demand, particularly in the capital. With many would-be first time buyers struggling to raise the necessary finance required to buy a property, a high number of people are being forced to rent property instead, pushing rental values higher in the process; an attractive proposition for shrewd investors looking to cash-in. Steve Hicks, managing director of Genie, says that the biggest problem for first-time buyers is the need to save for a deposit on a mortgage, which is currently almost unachievable for many who are struggling with their day-to-day needs. Yet, the increase in average house prices will
Moins
Par smithjohnson34
Microsoft Word
Publiée le 12 Sept. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
London's 'safe haven' status is continuing to attract a higher number of homebuyers from across the world, which is placing greater pressure on the city's acute housing supply crisis, pushing property prices higher in the process.
Par smithjohnson34
Microsoft Word
Publiée le 14 Août 2012
Pages: 3
Lectures: 1
Téléchargements: 0
The Prices of Houses and Flats for Sale in
Fitzrovia Soar
The residential property market in prime central London remains strong, with
prices having appreciated significantly across many parts of the region so far this
year, with rental values also rising, due to high demand and low housing supply.
As sales prices continue to...
Plus
The Prices of Houses and Flats for Sale in Fitzrovia Soar The residential property market in prime central London remains strong, with prices having appreciated significantly across many parts of the region so far this year, with rental values also rising, due to high demand and low housing supply. As sales prices continue to increase, it is getting harder for would-be homebuyers to secure finance to buy property in central London, forcing many people into rental accommodation instead, pushing rental values higher in the process. Robert Bartlett,Chesterton Humberts’ CEO, says: “The prime London residential lettings market is facing a variety of challenges this year and in spite of the ongoing economic gloom, overall rents are continuing to increase. Good quality rental properties are being let at record prices and in record time. ” One area where the housing market is going from strength to strength is Fitzrovia, near London’s West End, which is home to an array of upmarket properti
Moins
Par smithjohnson34
Microsoft Word
Publiée le 12 Juil. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
High Demand for Property for Sale in Fitzrovia
Despite the economic crisis and eurozone woes, the booming property market in
London shows very few signs of slowing, particularly in prime central London
were property prices are at a record high.
The latest data produced by CBRE shows that the average price of a home in
prime central...
Plus
High Demand for Property for Sale in Fitzrovia Despite the economic crisis and eurozone woes, the booming property market in London shows very few signs of slowing, particularly in prime central London were property prices are at a record high. The latest data produced by CBRE shows that the average price of a home in prime central London has appreciated by 35 per cent over the last three years and is now 16 per cent above the 2007 peak. Furthermore, the property group estimates that the average price of a home in the heart of the capital will appreciate by six per cent this year in stark contrast to the rest of the UK. The property market in London is ultimately being supported by rising demand from national and international homebuyers, while housing supply is being restricted by a lack of new build homes. This has created a shortage of property for sale in Fitzrovia, Chelsea, Kensington and Marylebone, among other desirable places in London. “An acute stock shortage and unprece
Moins
Par smithjohnson34
Microsoft Word
Publiée le 12 Juil. 2012
Pages: 3
Lectures: 0
Téléchargements: 0
Royaume-Uni
Facebook
Digg
del.icio.us
Furl
rededit
StumbleUpon