With the recent financial squeeze on many UK households, it was expected that this would have an immediate impact on property prices. However, rising interest rates and inflation have only seemed to spur more buyers through fear of missing out further down the line!
The UK property market is booming, with prices increasing and demand constant. UK property owners are reaping the benefits of a resilient investment asset, with rising prices and greater potential for capital growth. The benefits don’t stop just here, the UK rental market is also at a 13-year high, fuelled by increased demand.
So investors find the market to provide even more opportunity than ever before – not only do investors have bigger returns but they also benefit from strong rental markets that allow short-term gains too with a higher rental return!
The rising prices are attracting investors and the reassurance that comes from an asset that has been proven resilient in times of economic uncertainty makes it one to consider now.