It seems that more landlords in the buy-to-let sector are showing a little more optimism along with the recent property price rise. There is a strong belief that over the next 12 months property prices will continue on their steady rise.

London property prices are expected to increase at the current levels or rise within the next twelve months. The rest of the UK is anticipated to follow suit but at a steadier pace to the capital.

The overall outlook of the property market, although still very delicate, looks set to be very positive and optimistic over the coming year.

Landlords forecast a modest rise of 1% for London property and a fall of 1.5% for UK property outside Greater London.

However Investors are still attracted to London and the capital is the preferred choice for investors mainly because of the historic market and strong dollar.

More property news and views from internet webs and blogs…

London and Stamford Property score Arsenal flats.
A group of property veterans today called the turn on the London housing market by snapping up nearly 150 apartments developed in the old North Stand of Arsenal’s former Highbury stadium.  More infomation in the London Standard.

House prices edge ahead, but only in the South
House prices edged ahead by 0.2 per cent during September, as the number of people looking to rent a home has also picked up. Find out more by Chris Irvine in The Telegraph.
U.K. Home Sellers Raise Prices as Market Confidence Improves.
UK home sellers raised asking prices in September as confidence in the property market improved and the supply of homes dwindled. By Brian Swint. Bloomberg.

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The London property market is proving to be a big attraction to Middle East investors. With the cobination of a stregthening dollar and falling house prices, buyers from the Gulf region are adding houses, luxury apartments and even whole office blocks in London to their property portfolios.
Watch the video for Ben Thompson’s UK report.

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