February 17, 2009

Bargain Hunters

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The amount of Bargain Hunters in the Buy to let investment industry is likely to increase over the next few months, as the lower interest rates allow more potential investors into the market.
Sales expectations over the next month or two are looking to top sales figures over the last 3 months, and could be the start of a positive turn around in the property market.

Bargain Hunters

As both house prices and interest rates fall, Residential Landlords with finance are still looking for bargain opportunities says the recently published RICS’ UK housing market survey.
Expectations that sales will increase have turned positive once again with 10 percent more Chartered Surveyors expecting sales to pick up in the coming months. Optimism is most visible in London and across the South of England with the balance of surveyors expecting sales to increase in London rising from 18 percent to 38 percent. In contrast Chartered Surveyors expect house prices to continue to decline in the near term.

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