Price stability tops UK investment property desires

photo credit: Daquella manera
The UK real estate market has price stability and better mortgage choice at the top of a “Christmas wish list” a property consultant has said.

Young Group polled industry representatives and found 36 per cent felt more predictable values would bring more Christmas cheer.

A wider home loan market was second choice, ,most popular 28 per cent of respondents, the company added.

The research also showed those who are in the property investment business have strong confidence in their portfolios, with few looking to sell in a hurry.

Young Group said:

“Ninety six per cent of investors intend to hold their residential property investments for the next 12 months.

“Thirty seven per cent intend to hold their assets for at least 10 years and more than 20 per cent of buy-to-let investors aim to keep their property investments for the next 15 years or more.”

More than a fifth of buy-to-let investors aim to keep their property investments for the next 15 years or more, the statistics showed.

Last week the National Association of Estate Agents (NAEA) said although prices are falling in the UK the number of first time buyers in the market had increased for the third month in a row.

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