Monday, 3 October 2016

Investing in UK property?

If you need a home in Bishop’s Stortford or Saffron Walden Enable’s IFAs think that any time is right to buy.  If you are looking to invest in property it is not so easy, you might try to second guess the property market but that’s a hard thing to do despite a myriad of advice.


According to Hometrack UK Cities Index, overall the annual rate of house price growth across 20 of the largest UK cities has slowed to 8.2% in August, from 9.5% in July, taking the average house price to £239,400. Many say that the slowing of house price growth reflects the increasing difficulties in purchasing a home as prices continue to increase more quickly than earnings.  But many estate agents are saying that despite the slowing of house price growth, there are clear signs that the housing market is beginning to settle down after Brexit demonstrating the underlying strength of the residential property market which should stand it in good stead for the long-term.

Some like the director of LsLi say- “The unsustainable rate at which property values have been rising has meant that many potential homebuyers have been priced out of the market – especially in areas like London and the South East. “The truth is, now is a great time to buy a home. The fundamentals of the housing market remain strong, with record low interest rates and lenders maintaining their appetite to lend.” Enable’s IFAs can help talk you through property investment.

Source: https://www.propertyinvestortoday.co.uk/breaking-news/2016/9/now-is-a-great-time-to-invest-in-property-says-lsli-director

Issued by: Enable Independent Financial Life Planners • 
25c North Street, Bishops Stortford, Herts CM23 2LD • Telephone: 01279 755950 - Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE   


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