UK Property Market Still Bubbling...

... but beware, there are signs of calmer waters ahead...

June 2014 reports showed that UK property prices were still on the rise. And hope for a full economic recovery abounds after so many were wounded in the 2008 crash. But experts warn that growth will now begin to slow. 

Those who were fortunate enough to sell a property in June 2013, were likely to have received substantially more than they would have done 12 month before. First-time buyers were hit by a 12% increase on their investment with the average investment rising to £204,000. But, statistics for July and August told a different story with asking prices dropping (source: Rightmove).

Advice from Dawson & Associates is the same as it has always been. Never rush into a property purchase decision and ALWAYS take advice from a professional. The markets show fluctuating (and to some extent unfathomable) prices that are literally changing on a month-by-month basis. Back in February Ha-Joon Chang warned, "This is no recovery, this is a bubble – and it will burst" but those who have been lucky enough to sell over subsequent months have profited well, so there has indeed been reason for celebration. 

It should also be well considered that prices throughout the UK vary wildly so a rule for South-East investments does not work so well in the North. Rather, as Dawson has always advised, the single most valuable piece of advice is to judge each property investment on its independent merits. Sometimes the best investments can actually be made during the crisis not during the booms nor bubbles. 

With over 40 years of experience in the UK property industry we have seen every type of price increase and decrease. And we have seen property investments go very wrong even during the most palatable circumstances. For this reason, we offer initial advice for free. 

Please contact us to discuss your unique property investment opportunity 0044 1424 882263
Should your investment be worthy of further investigation, we are able to offer Building Surveys (& Listed Building Surveys), Homebuyers Reports and Valuations across the UK. 

PLEASE TAKE HONEST, PROFESSIONAL ADVICE PRIOR TO PURCHASING YOUR PROPERTY. 
www.dawsonsurveyors.com