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Demand For UK Property Continues To Increase


Thursday, February 13, 2014
UK Property Demand Continues To Rise

UK Property Demand Continues To Rise

Demand For UK Property Continues To Increase

The whole of the UK property market has seen a strong start to the year and property buying activity looks set to remain high in the coming months following a buoyant 2013, which saw greater numbers of motivated and active buyers entering the property market.

Estate agents up and down the country are reporting a significant increase in the number of potential buyers registering an interest in properties offered for sale.

The increased appetite for residential property has resulted in an increase in the number of viewings of properties offered for sale and increased competition among buyers with the return of gazumping in many UK regions.

The green shoots of the UK housing market recovery were first observed towards the end of 2012, and last year saw a significant resurgence of property buying activity, thanks in part to the Government’s Help-To-Buy scheme allowing more first-time buyers to get on the property ladder and the ever so slight easing of the previously strict mortgage lending criteria allowing more property investors to purchase rental properties.

The UK property market has been instilled with a great deal more confidence and property investors and first-time buyers are taking advantage of the increased opportunity to buy property without capitulating to over-strenuous criteria from fussy mortgage lenders and higher loan-to-value mortgage products.The beginning of the year is traditionally a more active time in the UK property market as vendors prefer to wait until well into the new year to begin to market their properties for sale.

Property investors are very optimistic about the year ahead, with lots of interest from landlord buyers looking for buy-to-let mortgages to expand rental property portfolios.

2014 looks set to be the year of the property investor as property prices continue to rise and the market struggles to keep up with demand, pushing even more people into rental properties for longer periods.

More and more landlords are taking advantage of the specialist products and services designed to make life easier for them and their tenants, such as Rent Protection.

Whether landlords own large portfolio of buy-to-let properties or have just a single-let investment property, non-payment of rent is a serious and increasingly common problem for many landlords to face and protecting rental income is a sure fire way to keep cashflow constant.

Protect Rental Income with Legal 4 Landlords

Protect Rental Income with Legal 4 Landlords


This was written by Mike Clarke. Posted on at 11:30 am. Filed under Insurance. Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Follow comments here with the RSS feed. Both comments and trackbacks are currently closed.