shininglist.com shininglist.com
   Index :> About Us :> Privacy Policy :> Terms & Conditions :> Add Url :> Add Your Article
Search:   
Get Multiple Links
 

Culture & Art

Healthcare & Medicine

Careers & Employment

Vehicles & Automotive

Outdoor & Sports

Online & Indoor Games

Self Healing

People & Communities

Property & Agents

Hotels & Travel

Science & Space

Lifestyle & Fashion

Software & Networking

Banking & Finance

Shopping Online

Academics & Learning

Policies & Law

Recreation & Entertainment

Drink & Food

Children & Teens

Events & News

Business & Companies

Family & Home

Hygiene & Health


 

Index » Property & Agents » Property Sites
 

Property Prices and Investment - A New House for the Summer

 

Spring time is traditionally the time when the housing market picks up and buyers prepare to move in over the summer months. Not only is the market becoming buoyant through home owners relocating but also through property investors keen to make a quick buck through renovation or opting to make a long term investment through buy to let purchases.

Accordingly house prices are gradually rising; according to the UK search engine Wheres My Propety during the last month the average UK price has gone up by 1.7% and with the national average house priced at 186,241 that's an average increase of over 3000 in just one month.

Of course property investors have to choose their area carefully. For example, if a buyer had bought a house in parts of Northern Ireland they would be enjoying an increase in their investment of nearly 29% over the last 12 months, whereas the average property price in the popular holiday destination of the UK's South West (second holiday home potential) has risen by less than 1% in the same period.

Property investors need to choose their property with care and with a clear intention on how their investment will grow. Buy to let properties can be long term investments whereas renovation projects can be relatively short term. With the current trend of renovation television programmes this type of investment is becoming very popular and thought by some, a fast track route to a good profit. As a result, finding renovation projects has become very competitive. To beat the competition potential buyers can even subscribe to services such as Renovate Alerts where details of properties are sent to you as soon as they as advertised online. This type of service is really aimed at those who are serious about finding their next renovation project and is a useful tool to get yourself to the front of the queue.

Of course house buyers also need to have the back up troops ready: the mortgage provider, the solicitor and if necessary, a builder on hand to check your figures on any improvements that are needed. And finally, house buying, be it for your principle home or for investment needn't be stressful if you do your homework: research your area, the facilities and check and recheck that the house you want to buy is one that will meet with your desired outcomes.

A new house for the summer? I can almost smell the champagne and strawberries perched on top of the removal boxes already.

Author: Susy Copus
 
Author Bio:
Susy Copus is an expert in this field. Susy has written several articles in the past on this topic.
 
 
 

Related Articles

 
How to Use Comparable Sales to Determine the Current Market Value of a Property
 
Preparing a House to Sell
 
12 Great Things About Successful Real Estate Note Holders
 
Real Estate Investing: Asset Protection
 
Tax Deeds Are Some Of The Best Deals In Real Estate
 
Sell Your Home by Making a Good First Impression - Even if Your Home is Already on the Market
 
Searching For A Home In Beautiful Boise
 
Everything A Real Estate Agent Doesn't Want A Home Seller To Know! Part-3
 
Tidy Up The Outside, Reap The Rewards
 
Why a Lease-Option is Your Best Way to Buy a Home with Bad Credit
 
 
 
Index :> Privacy Policy :> Terms & Conditions  
Copyright © 2008 www.shininglist.com All Rights Reserved.