Blackstar Property

Why invest in property?

Why buy property at the current time?

Despite recent concerns and press coverage over the current state of the UK housing market, Blackstar Property believe that the fundamentals for purchasing UK property remain sound. Blackstar’s assertion is based on observations and trends such as those noted below:

Fundamentals of property investment

Since 1948 property in the UK has risen on average 8.2% year on year. This translates into an increase in average house prices of over 8,600% over that timeframe (Nationwide housing data).

In more recent times average house prices have increased by 430%, compared to an increase in the FTSE 100 index of leading shares of only 250% (Halifax House Price Index & FTSE 100 Index Data. Based on period 1984 – 2008).

Property has to be the place to invest … contact us today to discuss how we can help you obtain property at discounted values.

Rising property prices over the longer term

The National Housing Federation sees average house prices in England rising by 25% by 2013 (National Housing Federation).

Take advantage of this forecast capital gain by buying today. Contact us to see how we can help you buy property at discounted values and on improved terms.

Fundamental shortage of residential property - more houses needed

The UK currently needs around 230,000 extra homes a year, but less than 100,000 are being built annually, a shortfall of over 100,000. This demand and supply imbalance can only serve to force prices upwards over the longer term and/or place further demands upon the rental sector.

Invest in property today to take advantage of this situation.

Rising demand for rental properties

Demand for rental homes is forecast to grow by between 20,000 and 30,000 a year over the next decade because of the rise in the number of divorcees and migrant workers, as well as increasing job mobility (Association of Residential Letting Agents).

Recent changes by mortgage lenders to their credit criteria have also increased rental accommodation demands.

Take advantage of these factors and contact us today.

Rising rents underpinning buy-to-let investment

Paragon Mortgages report that average rents have risen by over 9% in the last twelve months (Paragon Mortgages).

Contact us today and allow us to help you take advantage of increased rents and increasing rental demand by buying property at discounted prices.

Lenders cutting mortgage rates

Interest rates remain at long term average lows - take advantage of this and improve the financial return out of your property.

The recent trend by many has been to purchase property off-plan; in our opinion, and under current market conditions, this may be considered more risky due to the many variables involved in the process.

Purchasers now have a notable advantage when looking to acquire a completed new-build property … contact us today and allow us to help you make the most of this advantage by securing additional discounts on your behalf.