increasingly the domain of the wealthy . Buyers would need to be among the top earners in order to qualify for the mortgage and afford the mortgage repayments which makes buying a home economically accessible to only relatively affluent households .
Overspill demand from London may be driving house price growth across the south of England but the largest pressures remain in the city where growing numbers of people are living , working and studying
Consequently , the underlying demand for private rented accommodation is likely to continue to rise which will present ongoing opportunities for investors in buy-to- let properties . Property values , and more importantly increasing values , are always a factor of supply and demand .
Based on expected continued demand for accommodation in London , forecasts for the next 5 years ( such as one by Savills Research ), show a range of property appreciation of between 15 % and 21.5 % over the next 60 months . This combined with a strong currency and stable rentals to secvice bonds makes for an attractive property investment .
The specific appreciation achieved will depend on the specific location and features of a property so buying a property that will have strong tenant demand and at the right price will be a key factor in achieving and possibly exceeding the growth forecasts .
There are numerous regeneration projects in London which tend to be radical interventions to transform an area , requiring substantial economic contribution from both the public and private sectors .
We have found that acquiring properties in or that benefit from regeneration projects at the right price have shown particularly good growth . This is supported by research done by CBRE which indicates that properties impacted by regeneration projects are performing better than the norm .
RESOURCES
Inventure Property
Developing Future Cities
2 – 3 November 2016 CTICC , Cape Town , South Africa
EXPAND YOUR COMMERCIAL PROPERTY PORTFOLIO IN THE TOP 10 AFRICAN CITIES BY ATTENDING THE AFRICAN REAL ESTATE SUMMIT THIS NOVEMBER
Why attend ?
• View city plans and development launches from Africa ’ s top cities
• Meet with investors , developers and government officials
• Become the preferred solution provider for cities across Africa
• Learn from industry experts and key decision makers in African real estate
To discuss your company ’ s participation or to secure your seat , please contact Stephan Herman on + 27 21 700 3598 or stephan . herman @ spintelligent . com
Invited Host City : Promotional Agency : Organising Partner : African Event Specialists :
Premier Media Partner : www . african-real-estate-summit . com