Property in UK
While Property has had a fantastic run over the last decade , it has weakened over the last year with most Investors choosing to sit on the fence and not commit right now. The big issue is getting access to finance as Banks have reduced the Mortgage available as a % of Purchase price.For those of you are who see Opportunity at times of weakness , it is a Buyers market and there are good deals to be done in prime central London locations.
London - one of the great cities of the world with a limited Supply of Properties coming to market .
Interest rates have never been lower with the Bank of England rate now down to 0.5% , you can borrow at less than 3% .
Rental income comfortably covers the cost of Interest only Mortgages
From a macro point of view and setting aside current difficulties within the market , the UK and London in particular have a shortgage of supply .
London is hosting the Olympics in 2012 which is only 3 years away - so it is likely that there will be a return to Property in the run up to the Olympics .
Investment options :
scheme regulations - see PENSION : Property through a Pension page
Equity release options :
As an approved Mortgage Intermediary we can advise you on your options and how much you can release .
The photos are of Properties we were involved in Westminster - purchased late 2005 , early 2006 :
values have increased by 30% plus since then
for an agreed fee
Next step: If you are interested in investing in the UK and can raise the initial deposit required or take an equity
release from existing Property, speak to us TODAY and register your interest in the above schemes.
release from existing Property, speak to us TODAY and register your interest in the above schemes.
We work in close contact with our Property Partner - Mannion Auctioneers , a well established Estate Agency based
in Dublin and leading agents in the UK market.