Property investor confidence growing?
Wed, 14 Oct 2009
Investor confidence in the UK and overseas property market has risen by 43.3 per cent according to research conducted by the Property Investor Show during the last three months with 32 per cent of respondents attributing this change in attitude to positive media reports and 20.7 per cent to the greater availability of different finance options – reports www.landlordzone.co.uk.
While bank finance remains an issue, 17.7 per cent of investors are still able to secure bank loans to fund investment, having enough liquid assets to cover the current LTV ratio, 32.4 per cent have access to savings and 32.5 per cent 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 signaled by reports that UK property prices have stabilised and the first signs of permanent job rises being reported.
“There has also been a strong shift in the market with savvy UK investors beginning to re-explore overseas opportunities as they search for sound investments with better returns than the other poor performing investment vehicles such as bank savings and the stock market.”
The Property Investor Show and OPP Live, is the only major property investment event taking place in the UK this autumn and is the leading event for high-end and first-time investors, savvy second-home buyers and the property trade worldwide attracting over 10,000 visitors and 160 exhibitors.
It will help potential purchasers and property professionals make the most of this opportune time in the property cycle through its extensive range of exhibitors from all over the world; special sections dedicated to key areas of interest; and seminars, round table and panel discussions covering over 150 different topics will all ensure visitors, whether property industry professionals, seasoned investors or just getting started, will find something of value.
Property Investor Show & OPP Live will run from 22-24 October 2009 at London Excel. For more information visit www.propertyinvestor.co.uk/london
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