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Some Good News For The Property Investment Market
Good news for the property investment market as figures show that buying an investment property continues to be a good investment. The basis of investing in property in the UK, whether it’s buy to let or otherwise, is the simple fact that investment property increases in value. This week house prices are said to be still on the rise as reported by the Department for Communities and Local Government (DCLG) which reported that price inflation rose by 6% in the year to July 2006. And that’s a trend that has been long term and has seen residential property investments produce high returns for property investors.
Northern UK estate agents and property investment companies have been at the hub of some particularly lucrative opportunities for buying investment property and home investment. They are able to give property investment advice over an area that has been a property investment hot-spot. With house prices continuing to rise many investors are still seeking buy to let mortgages as they add to their property portfolios.
For anyone investing in property through a property management agent, access to a ready pool of tenants is always a welcome bonus. Residential property investments are needed as the student population continues to rise in line with the government’s stated policies the demand for accommodation also increases. The regular income from rent from a residential property investment is the key that makes home investment possible for many first time investors.
It’s a comforting thought for any person investing in property in the UK that the rise in house prices is not a short term trend. The news has been good for anyone buying investment property for more than 30 years. As an example the average price of a UK property in 1977 was £13,650. The average price today for a UK property according to the DCLG is £194,454.
For anyone interested in UK property investment getting good advice from an established property investment company can pay dividends as they will be aware of every aspect of the process. Northern UK estate agents for instance will know market forces and levels for their area. Investing in property in the UK has been a comparatively stable investment for many years; especially when you take into account how stocks and shares have fluctuated over the same period.
So, although there are a number of factors that influence UK property investment it is a very welcome indication of its short as well as long term value that house prices still rise at such a strong rate.
Written by CU Residential - For Investment Property North East, New property for sale and investment property advice
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