Why Property
Over many years property has
provided strong and positive growth with house prices rising year
on year. Whilst this can not guarantee future returns many factors
which influence the Market suggest that capital growth and investment
returns will be excellent.
- The UK population is predicated to grow by 5.6 million to
64 million by 2031
- Single person households are predicted to increase by 2.2
million by 2021
All these people will need
somewhere to live!
- Overall Households are predicted to increase by 1.8 million
by 2011
- Average house prices have nearly doubled every 8 years
Average house price 1998 = £82,000
Average house price 2004 = £154,229
- House prices have increased in 53 of the last 58 years.
- Interest rates whilst subject to fluctuation are still
low compared to a few years ago
- Did you know that the buy-to-let market represents only
11% of the housing market? ARLA predicts this figure to rise
to 20% by the year 2020
Source national
statistics office
