High value individuals look to invest in UK property
People looking for a return on their money should consider investing in the UK property market, according to Property Investor News.
The publication's editor, Richard Bowser, said that with base rates "at an all time low" property is becoming increasingly attractive to those looking for a medium-term investment.
His comments come after a survey from Barclays Wealth and Economist Intelligence Unit revealed that 35% of individuals of a high net worth were considering expanding their property portfolios in the near future.
Mr Bowser said: "Those people who have cash to invest should be looking at putting a proportion of that cash into UK residential property, but only if you are taking a minimum of a 5 to 7 year view."
Results from the survey also revealed that 76% of investors believed there were opportunities in the residential property market. The survey was conducted on in the 10 largest global markets with 90% of respondents saying that they saw property as a good investment.
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