Abingdon based property investment company ‘The Worldwide Property Group’ says the early signs of recovery are now starting to appear.
Since Christmas the company has experienced a considerable increase in enquiries by people interested in taking advantage of current market conditions to snap up a property bargain.
The company is preparing for a busy year as they ride this new wave of optimism.
Kevin Wilkes, managing director of The Worldwide Property Group says “People are starting to realise that even though economic conditions are tough this can be a great time to pick up a bargain property. We are finding that the vast majority of people we are dealing with still have good job stability so income levels are very much unaffected. In fact, a lot of people are currently better off as the decline in interest rates has resulted in lower mortgage repayments for many, fuel and energy prices are tumbling and the threat of inflation continues to recede”.
“Interestingly, a recent report identified the Oxford area as one of the UK regions least likely to be affected by the current downturn along with nearby Reading. Another recent survey revealed that the rate of house price decline is now slowing, and with sold boards appearing to spring up more frequently optimism certainly seems to be returning to our region”.
“There is no doubt that the current market is offering some incredible value both here in the UK and abroad with opportunities that we won’t see again for many years. Savvy investors know this has become a great time to buy property and are seeking out those companies that can help them achieve their investment goals, we are here to help them”.
