UK Property Market Still A Good Investment
Plus when it comes to the current UK property market because mortgage lenders are becoming more cautious this is what will result in house prices falling further this. But hopefully by the start of 2010 then we should start to see improvements which could result in increases in sales.
There are 3 main types of Property Derivative in use in the UK property market today: Property Index Notes(PINs), Total Return Swap (TRS), and Forwards which incorporates the IPD Property Index Futures listed on Eurex.
Currently when it comes to the UK property market only those sellers who are prepared to accept that their home is worth far less than it was last year are going to benefit. As mentioned although house values are going to fall another 10% in the coming year the RICS predicts that sales of homes will begin to pick up once more.
As we have all seen in recent months the prices of houses in the current UK property market have been on a decline. In fact in the last few months we have a see the prices of houses in the UK now falling quite substantially and in January 2009 the value of properties have fallen a further 1.3%.
However, although the current UK property market is at its worst ever for some considerable time there are many people who are still willing to buy. Certainly for those who are looking to invest in property this may be the ideal time to do so. With house prices still falling and so many people being faced with homes being repossessed deals are certainly available.
If you are one of the many people who are thinking of selling their home then certainly this is the time to do so. If you wait any longer for the credit crunch to take a further hold on the financial markets could prove a big mistake for you. Certainly in the next year the finance industry expects to see the increase of house repossessions to increase even more than they did in 2008. Certainly they are predicting in the current UK property market a further 34,000 homes will be repossessed.
Hunt sold Foxtons to private equity group BC Partners for ÂL375 million in May 2007, at what some commentators described as the height of the UK property market. Interviewed by the Evening Standard newspaper in 2010, Hunt insisted that his timing of the sale was straightforward:
Real Estate market of Mumbai looks assured for some upswing after going through a lukewarm phase for the past few months. Apparently there has been a marked increase in sales in March 2012 when 5,776 property in Mumbai were registered which is 37% more than 3,639 registrations in the month of February 2012.