This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Property Market Confidence "Fragile"

First name: 

 

Last name: 

 

Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category

Archives



United Kingdom  finance  real estate industry  Yolande Barnes  John Boyle  HomeLet  Residential Property Funds 

Property Market Confidence "Fragile"

By - Tuesday 27 September 2011

Professionals in the real estate industry are not overly upbeat about the sector's prospects, a new survey has found. The Savills Residential Sentiment Survey described the marketplace as "fragile", with a number of factors weighing on confidence. Top of the list among those questioned is the lack of available finance for house purchases, with director of the company's residential research team Yolande Barnes noting that there seems to be "a general expectation that property will become more equity reliant in the future".

One area where sentiment is more buoyant is the private rented sector (PRS), with 63 per cent of those questioned predicting an increase in the number of residential property funds operating in the market over the coming year. Ms Barnes added that the industry is likely to see "significant change", with new innovations being introduced in the coming months. Managing director of HomeLet John Boyle commented earlier this month that an increasing number of people in the UK are going to rely on the PRS for their accommodation, as people struggle to get on the housing ladder. He noted that it is an "affordable, stable and long-term alternative" to purchasing a property.
 

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here


Comments

 

*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.


«« Back to IPIN Live

Follow IPIN Global


Latest Content

Recent Comments

Powered by Disqus