Property investor confidence improves

19 October 2009

Confidence among property investors buying property abroad and in the UK has improved dramatically in the past three months, according to a survey conducted by the Property Investor Show which opens in London this week.

The research shows that confidence is up by 43%, with some 32% of those people questioned saying that more positive media reports was the main cause for improved market sentiment, while 20.7% put it down to greater access to finance.

The survey also found that while bank finance remains an issue, some 17.7% of investors are still able to secure bank loans to fund investment.

Nick Clark, managing director of the Property Investor Show, commented: “The boost in confidence and renewed hunger in UK and overseas property has been signalled by reports that UK property prices have stabilised and the first signs of permanent job rises being reported.

‘There has also been a strong shift in the market with savvy UK investors beginning to re-explore overseas opportunities as they search for sound investments with better returns than the other poor performing investment vehicles such as bank savings and the stock market,’ he added.

The three day Property Investor Show and OPP Live event, which opens at the London Excel centre on Thursday 22 October, is the leading event for high-end and first-time investors, second-home buyers and the property trade worldwide attracting over 10,000 visitors and 160 exhibitors.

Marc Da-Silva, editor of HomesOverseas.co.uk, will be chairing a panel - at OPP Live - comprising a mix of UK and Irish agents and property media who will debate ‘what will brink UK and Irish buyers back into the market?’ The seminar will be held at 13.45, 22nd October, theatre 8.

Click here to pre-register for free entry to the show, simply fill out the details (it's free and will save time on arrival at the show).