Prospect of election causing market optimism

An increasing wave of optimism in the UK housing market is due to the upcoming general election, according to recent reports.*

With property owners anticipating a win for either side, optimism is increasing that a new or existing government will signal a sustained recovery for the property market. This theory is supported by recent statistics that reveal that consumer confidence in the property market is growing.

53% of the people surveyed expect house prices to rise in 2010, as the optimism sweeping through the industry is expected to encourage buyers and sellers back into the market. This should in turn reduce house prices to a more affordable level, as more properties are made available throughout the UK.

   *   Report by the Little House Company

Source: houseladder.co.uk

Disclaimer
These particulars are intended only as general guidance. The Company therefore gives notice that none of the material issued or visual depictions of any kind made on behalf of the Company can be relied upon as accurately describing any of the Specified Matters prescribed by any Order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty. *Estimated rental yield figures are calculated using information supplied by the marketing agent and are based on the original market price. The rental yield figure should only be used as a guide and we strongly recommend you seek independent financial advice before proceeding with any investment