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2009 has been an odd year for any person involved in property. At the start out of the year there had been some superb bargains to be had as the media told ‘doom and gloom’ stories on a day-to-day basis. Nonetheless, all this ‘end of the world’ news meant that most sellers who didn’t have to move took their properties off the market place and have stayed put.
Meanwhile, the dramatic drop in interest rates and the government’s tightening of regulations on lenders repossessing property has meant that !
So we are now in a circumstance whereby in the auction houses, according to www.eigroup.co.uk information there are much less repossessions going by way of than there were prior to the credit crunch!
Investors are also hampered by the lack of finance out there as well as tightening criteria, which indicates only cash rich buyers can definitely take portion in what bargains can be located at the moment.
So is there any good news for existing or wannabe investors? Of course there is, and here are our leading 10 great news stories for investors:-
1. Property rates are 20% less than they were at their peak in 2007. Woohoo!
2. Property prices are expected to return to their 2007 levels from 2013 so, for the proper property, in the correct area, there is potentially 20% capital growth or additional obtainable in the subsequent 4-five years.

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