Overseas Property Investment Consultancy & UK Property Investment Consultancy

Results from the latest Worldwide Property Group confidence tracker survey reveal some interesting differences between the generations. Although the vast majority of people who took the survey are of the opinion that property prices will not fall over the coming year, there are large differences in opinion between the generations with the 45 – 54 age category showing the greatest confidence.

60% of respondents within both the 45-54 and 55-64 age group expect prices to rise in the next 12 months versus just 23% of the 35-44 age group. What’s more a huge 100% of 45-54 year olds believe that right now is a great time to buy UK property with 90% of the opinion that the current market also offers excellent opportunity overseas; indeed 80% are currently considering buying an international property. This is in stark contrast to the under 25’s where just 50% feel that today is a good time to buy a property in the UK.

Interestingly, less than half of all respondents are of the opinion that interest rates will increase over the next 12 months with 7% actually expecting a further reduction. On the subject of investments a huge 75% said that property offered the best investment potential of all major investment options.

Commenting on the figures, Kevin Wilkes, Managing Director of the Worldwide Property Group said: “It is interesting to see how different groups have differing opinions regarding the property market, but actually not that surprising. Property prices may seem very high to the younger generations where many are still looking to buy their first homes. However, affordability has dramatically improved over the last few years and if our survey respondent’s interest rate predictions are correct this will remain the case for quite some time.”

“Confidence in property as an investment continues to ride high as it offers great stability when compared to other investment categories and can provide much greater returns and safety in the long term. Interestingly shares didn’t receive even 1 vote.”

Latest results from the Worldwide Property Group property confidence tracker survey show that a huge 75% of respondents would choose property as their first investment choice. In contrast, just 2% of people who took part in the survey during June said that they would put their money into shares. Interestingly, gold received 17% of the vote.

When asked if the current historically low level of interest rates has increased their desire to buy a property, two thirds (67%) said yes with 79% of the opinion that right now is a great time to buy a property in the UK. 65% of respondents share the view that property prices will continue to rise over the coming 12 months, with 4% believing this could be by as much as 15% – 20%.

On the subject of overseas property a very respectable 65% believe that this is currently a good time to buy a foreign property with 62% actively considering a foreign property purchase. Once again the region attracting most attention from potential property purchasers is the United States, particularly Florida. A number of European countries including Spain, France, Italy and Cyprus also ranked highly amongst those people looking for a second home.

Kevin Wilkes, Managing Director of the Worldwide Property Group said: “Although the stock market has been performing rather well over the last 12 months, in more recent weeks it has taken a bit of a tumble with the FTSE 100 losing nearly 1000 points since Mid April. In comparison the property market has demonstrated far more resilience to recent global economic shocks and has already regained a great deal of the value that was lost over the last few years. The results of this survey clearly demonstrate the confidence that the general public has in the property market.”

Results of the latest survey from the Worldwide Property Group reveal that confidence in property both in the UK and overseas remains high.

84% of respondents to the May survey say that right now is a great time to buy property in the UK. 68% said that now is also a good time to buy overseas property with 53% currently considering buying in a foreign country. The United States and the Caribbean still topped the most favoured overseas locations with Turkey and Spain also scoring highly.

Looking at the results in more detail only 6% said that they expect UK house prices to fall over the coming 12 months, the lowest figure since the introduction of the survey nearly a year ago. Whilst almost 3 quarters expect interest rates to increase within the next year 61% say that they are still feeling the benefit of historically low rates, with 49% indicating that current levels have increased their desire to buy UK property.

Commenting on the figures, Kevin Wilkes, Managing Director of the Worldwide Property Group said: “At a time when the media seem to be re-focusing their attention on economic doom and gloom the results of this survey are very encouraging. At a time when stock markets have experienced such enormous volatility the housing market has fared rather well, recording significant growth over recent months. The UK housing market is very resilient and it is this factor that makes property such a great place for people to put their money.”

In the latest monthly survey carried out by the Worldwide Property Group a huge 88% of respondents named property as the best option for investment. Gold was second, with all other investment options (including shares) barely receiving a mention at all.

The company’s April confidence tracker survey also revealed a number of other interesting figures. The number of people indicating that they are benefiting from the current low level of interest rates has reached the highest level since the survey began nearly a year ago at 79%. However, when asked for their opinions on the direction of interest rates over the next 12 months, 79% said they believe rates will increase, however, not one person was of the opinion that they would rise by more than 1%, which indicates at least another year of very low interest rates.

On the subject of house prices, 71% expect values to increase over the course of the year, with only 8% anticipating a further fall. This is the most positive result since August of last year.

Turning attention to whether now is a good time to buy property in the UK, a staggering 92% said yes. Three quarters also said that that right now represents a good time to buy a property overseas with the USA attracting the most attention outside of the UK. Once again, these figures are the highest since the survey began.

Commenting on the figures, Kevin Wilkes, Managing Director of the Worldwide Property Group said: “The results of this survey are very encouraging as we can clearly see that confidence in the property market is continuing to increase. Despite a number of gloomy reports recently in addition to general uncertainty surrounding the potential result prior to the general election, people are showing great positivity and faith in the property market, and with very good reason. History shows that the period immediately following a recession can be a great time to buy property. When combined with the continuing prospect of very low interest rates and an increase in overall market activity we are certainly seeing a rebound in the market that should continue throughout the year and beyond.

Latest figures from Worldwide Property Group reveal a significant rise in interest for overseas property. In the company’s March confidence tracker survey, a huge 75% of those surveyed said that they believe now is a great time to buy a foreign property.

Of these almost all are currently considering buying a property in a foreign country with the USA and Spain topping the list of most desired locations. Interestingly these are some of the very regions where property prices have been worst hit by the global economic downturn, possibly indicating that purchasers believe these markets to have bottomed out with a return to capital growth now a very real possibility.

The survey results show that confidence in the UK property market continues to remain high. 81% of respondents are of the opinion that house prices will not fall further over the coming year, indicating that right now offers a good opportunity to purchase at relatively low levels.

On the question of investment potential, 78% of people surveyed feel that property generally offers better safety and returns than any other major medium to long term investment.

Commenting on the figures Kevin Wilkes, Managing Director of the Worldwide Property Group said: “Property in many of the worlds regions offers tremendous investment potential and the public are starting to realise this. As low travel costs and new technology continue to make the world a smaller place, investing in far flung countries has become increasingly easy. Many who would have previously only considered purchasing in their immediate locality are now more confident and comfortable with buying abroad. We are seeing a situation where confidence in overseas property is almost as high as purchasing in the UK, and with very good reason.”

According to figures from the Worldwide Property Group, nearly 3 quarters of those surveyed expect house prices to increase over the coming 12 months. The company’s monthly confidence tracker survey revealed confidence in the housing market reached a new high in February, recording an increase every month since November.

The survey also showed that just 10% expect prices to fall, the lowest since the survey began in August 2009 and further evidence that people believe the market to have stabilised.

Further adding to the confidence in property, 4 out of every 5 people surveyed also said that they believe property still offers the best investment potential of any major investment class including shares, gold and currency.

Nearly 2 thirds of respondents indicated that they are still feeling the benefit of historically low interest rates and a massive 85% said that they feel right now is a good time to invest in UK property, with just over half also considering purchasing a property overseas.

Commenting on the figures Kevin Wilkes, Managing Director of the Worldwide Property Group said: “The results of this survey show that confidence in property is continuing to increase. As the market strengthens further throughout the year I would expect confidence to continue to increase. The property market has taken quite a knock in the media over recent months, but generally people can see beyond this negativity and still believe in bricks and mortar as a safe place in which to place their money.”

Latest figures from the Worldwide Property Group have revealed that the expectation that house prices will increase over the next 12 months has reached a new high. The company’s monthly confidence tracker survey shows that a huge 69% of January respondents expect prices to increase. This is the highest level since the survey was introduced in August 2009 and is significantly higher than the November low of 57%.

Confidence in the UK housing market is clearly riding high, with just 13% expecting further price falls over the course of the year.

On the subject of interest rates 38% of those questioned are of the opinion that we will not see an increase of any sort this year. When asked whether they were benefiting from the current low level of interest rates 69% said yes. This is undoubtedly having a positive effect on the market.

Adding to the positive views a massive 87% of respondents believe that now is currently a good time to invest in UK property, and two thirds are of the opinion that this is also a good time to invest in property overseas. As further evidence that confidence is returning to the market 85% said that in their opinion property offers the best investment potential of any investment option.

Commenting on the figures Kevin Wilkes, Managing Director of the Worldwide Property Group said: “Once again this survey shows evidence of increasing confidence in the housing market. The devastating price falls predicted early last year proved to be far more limited than at first thought, in fact the market has since grown further limiting the effects of any fall in prices. Property offers great investment potential and many people are still choosing to put their cash into bricks and mortar.”

Figures from the Worldwide Property Group have revealed a big jump in house price confidence during December. The company’s monthly confidence tracker survey shows that more people now expect prices to rise than at any time since the survey was introduced in July 2009.

A huge 68% of those questioned say that they expect house prices to rise over the next 12 months compared to just 57% in November. Interestingly, 1 in 5 of these expects the rise to potentially be as high as 10%.

When asked if they are benefitting from the current record low level of interest rates a massive 69% said yes; again the highest number since the survey began. But the positive news doesn’t end there because 85% of respondents said that right now is a good time to buy UK property and 66% said that they are considering purchasing a property overseas; also the highest since the survey began and an increase of 21% on last month.

Commenting on the results Kevin Wilkes, managing director of the Worldwide Property Group said: “This just goes to show that people are getting on with their lives and putting economic fears behind them. We have seen a dramatic increase in enquiries over the last 6 weeks, and with the optimism that a new year brings we have no reason to believe that this will not continue.”

This survey clearly demonstrates the underestimated resilience of the property market with 82% saying that property still offers the best investment potential of any investment.

For the 3rd month in a row, figures from the Worldwide Property Group reveal an increase in confidence amongst property investors.

The property investment company’s monthly survey reports that 88% of those people who responded during November say that now is a good time to invest in UK property compared to 87% in October and 85% in September. This is yet another sign that improvements in the UK property market are continuing despite ongoing economic difficulties.

Further positive results were revealed with a higher percentage of respondents expecting UK house prices to rise by a greater amount. 23% of those people who expect prices to rise over the next 12 months believe that this will be by more than 5% versus just 14% of respondents from last month’s survey.

Two thirds say that they are benefiting from the current low level of interest rates and of these 60% say that this has increased their desire to purchase property.

Although the number of people who are considering buying a property in a foreign location fell slightly, nearly 50% of those who completed the survey say that they would consider buying overseas, with the most popular location identified as the Caribbean.

Commenting on the figures, Kevin Wilkes, Managing Director of the Worldwide Property Group said: “The results of this survey once again show the resilience of the property market. With dreadful savings rates and continuing stock market volatility, investors are still turning to bricks and mortar as a safe place in which to invest their hard earned money. I see no reason why this will not continue throughout 2010 and beyond.”

New figures from the Worldwide Property Group have revealed an increased desire amongst the general public to purchase property.

The company’s monthly confidence tracker survey shows that those people who say they are benefiting from lower interest rates has risen from 62% in September to 67% in October, whilst those who say this has increased their desire to buy has jumped from 56% to 63% over the month. This is yet further evidence of the improving state of the property market.

Further evidence of improving confidence in the market is shown by the increase in numbers expecting house prices to rise over the next 12 months, with 63% of respondents saying they expect to see rising prices compared to 60% a month earlier.

The survey also revealed more good news with a huge 87% of respondents saying they believe now is a good time to invest in property versus 85% in September.

Commenting on the figures, Kevin Wilkes, Managing Director of the Worldwide Property Group said: “Once again this survey reveals an improving picture for the property market. People are quickly realising that now is a great time to buy property.”

“With unbelievably low interest rates, and many house price surveys showing that increases earlier in the year were not a blip but rather the beginning of a sustained recovery in house prices, people are waking up to the fact that buying conditions will not get much better than they are right now. As a result higher numbers of people are taking advantage by either buying a home or a property for investment purposes.”