Sales agents are experiencing a huge increase in demand for properties for sale as confidence grows, the survey by The Property Investor Show and OPP Live also shows. Some 75% of sales agents questioned said that they had seen an increase in demand during the last six months.
This renewed interest in purchasing property makes investment sense. A whopping 94.6% of sales agents believe that buying now represents good value for money,’ said Nick Clark, managing director of the three day show which began at the Excel Centre in London today.
The survey also looked at the buy to let real estate industry and according to letting agents there is also a sharp increase in demand in that sector.
Not only is interest up but rents are remaining stable with 39% of rents remaining the same and 20.3% increasing in the last three months.
‘Demand is high for the right type of rental property. Investors wanting to build a buy to let portfolio can purchase a property at a discounted price safe in the knowledge that demand for rental properties has increased by close to 50% in six months,’ explained Clark.
‘The market is presenting a crucial investment opportunity with near to ideal conditions for buy to let landlords,’ he added.
The survey was carried out to take a snapshot of the markets ahead of the show which has over 150 exhibitors covering all aspects of investment opportunities including residential property funds, investment networks, eco friendly real estate and hotel investments.
‘Access to accurate information is critical to successful investing and with more than 120 seminars, debates and workshops on offer, investors will have the opportunity to identify the expertise and advice needed to make the right decisions, ‘ concluded Clark.
