Next Auction:
11/4/2024
Venue:
Remote bidding only
Investor confidence in the UK and overseas property market has risen significantly, according to research conducted by the Property Investor Show, with investors saying it has increased by 43% in the last three months.
A third of respondents attribute the change in attitude to positive media reports and 20% to the greater availability of different finance options.
While bank finance remains an issue, 17% of investors are still able to secure bank loans to fund investment, having enough liquid assets to cover the current LTV ratio, while 32% have access to savings and are able to use the equity from existing assets.
Nick Clark, managing director of the Property Investor Show, says: "The boost in confidence and renewed hunger in UK and overseas property has been signalled by reports that UK property prices have stabilised and the first signs of permanent job rises being reported."
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