Indus Property
Offering the latest residential and commercial property management news, guides, resources and advice.
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A house that has just been built will have its own requirements a buyer must consider. This article covers things to keep an eye out for and is designed to help buyers maximize their investment from the start.
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The buy to let market is always growing in the UK these days so making sure to understand this opportunity is crucial for those who want to make the most of their property investment money.
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Knowing how to view a potential rental property is the first step to becoming a savvy and responsible tenant any landlord would love to rent to. Here is how to evaluate any rental one encounters on the market today.
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Home · News · Great Portland Sees Dismal Outlook for Property Market Rebound
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Great Portland Sees Dismal Outlook for Property Market Rebound
According to the Chief Executive of Great Portland Estates, Toby Courtauld, the property market in the United Kingdom could be headed to a repeat of what took place in 1994 when the rebound from a fairly brutal recession in property values ended up not bringing those values to a more acceptable level as many experts had hoped. Great Portland Estates is a property specialist firm in central London and they have recently reported a rise of just under 5% in asset values for the 2nd quarter of 2010. Courtauld wanted to come forward and be very clear that a less than urgent buying atmosphere in the market meant that values and demand for business space would most likely begin to taper off, at least in the very near future. Both Mike Slade and Francis Salway, also Chief Executives at Great Portland, have uttered the same sentiment as their colleague, pointing out that at the global economic level, a level of growing importance to the UK, issues of cuts in spending and the sovereignty of debt are perhaps going to lead to a lot of issues in the future which could slow down a genuine recovery.Even after the nearly 50% plunge in capital values over the past 2 years, a rebound is definitely up and has been since August of 2009, in the form of a great deal of equity from local UK investors and those in other nations ready to spend. Investing in London properties has proved fruitful for many who have certainly sought to get in on the property market while prices were low and entry was relatively easy.
30.07.2010. 07:24