Friday, November 6, 2009

Speculation on UK Real estate market continues

After relishing the beautiful Calabria Property for sale and also the Caribbean property, time now for getting back to something on the UK real estate news. Well, UK arguably is going through the same times as the US with a whole lot of people in need of assistance with their debts.

We all know that UK Banks, like those in the US, are also no longer lending as they did before the credit crunch, and can you believe it that the number of real estate deals in the UK is down by around 90 percent, which is a huge figure.

Let’s hope 2009 turns out to be a better year for the UK real estate markets by keeping our fingers crossed.

Several speculation rounds for real estate property investment in UK


Everyone ranging from a novice to real estate property investment expert are making their own set of predictions; some coming up with mere speculation, while others drawing inferences after through research.

For example, UK property surely seems to be a pretty lucrative sector for overseas investors as the ongoing fluctuations in the world’s currency exchanges continues.

Hassan Alaghband, director at Balli, said: “The argument for an influx of overseas investment is compelling when you combine a 30% fall in the value of the pound with, in some cases, a similar fall in property values.”

“Inward investment will help bring an increase in liquidity to the market, which will be an important factor in the recovery of the residential and commercial property markets in the UK,” he added.