UK Investment Property

The United Kingdom And Propertyinternational profile of the country continues to
The United Kingdom of Great Britain and Northerngrow, a prosperous rental market has been
Ireland (the UK) is a made up of four countries ofcreated - with particular emphasis on London
immense diversity, tradition and culture. Beautifulwhich has led the way in Europe with regards to
countryside, islands, moors, craggy mountains andfinancial markets in particular (The Stock
cliffs, rolling hills, shorelines and beaches, it hasExchange, Petroleum Exchange, Metals Exchange,
scenery as varied as its people. The UKetc).
investment property may include any one of theThere are a number on anomalies with regards to
four individual countries that make up the Unitedproperty transactions in each of the four individual
Kingdom: England; Scotland; Wales and Northerncountries, and these should be assessed at the
Ireland. There are also a number of islands, intime of any transaction. In the main the
particular the Scottish island groups of thedifferences relate to how bids are entered and
Shetlands and the Orkneys, the English Scilly Isleshow they are chosen.
and Isle of Wight and the Welsh island ofAs the financial institutions continue to increase
Anglesey. The British Isles are to be found offtheir lending to the mortgage industry, it is now
the western extremity of continental Europe,possible to obtain mortgages based upon up to
separated from it by the English Channel and thefive times your income. This recent increase in
North Sea. The climate is temperate in nature,the basis has further helped to fuel what was,
and in the words of William Blake, you seeand continues to be a buoyant area of
Englands green and pleasant land. All of theseinvestment.
complicated factors make UK investmentBuying Investment Property in the UK
property very lucrative.While the UK continues to retain a strong sense
Of the four countries England has the largestof tradition and history, there is no doubt that
population at 50 million of the total 60 millionLondon in particular is one of the most
people and consequently is the busiest.multi-cultural cities in the world. It is the
The UK is steeped in history and tradition, with aemployment hub of the UK, and has particular
respected Monarchy and is the home ofstrengths in the financial arena, e.g. The London
democracy. Its is as much known for its cultureStock Exchange, etc. This has, and continues to
as for its music and festivals, inventions, sport, artattract significant overseas investment, which is in
and literature, fashion and films and television. It isturn feeding a growing economy. As the
sometimes called Cool Britannia and many a trendeconomy grows, so does the demand for housing
has started in the UK.and buying investment property in the UK.
Throughout the four countries there are manyWhile the weather in the UK can be unpredictable
cultural sights with stately homes, castles, palacesthere is a massive influx of tourists from all
and accompanying grounds in abundance. Many ofaround the world, although a vast number of
these are run by different organizations such asthem arrive from Japan and the US. Impressed
the National Trust, Scottish Trust and the Nationalwith the tradition and variety of the society,
Park Trust. Wherever you are in the UK you aremany have chosen to invest in holiday homes,
never far from something of significance or ofsecond homes. It also helps that London
historical value.Heathrow is one of the busiest airports in the
Major cities, such as London, Glasgow, Edinburgh,world, and offers access to all major cities of the
Cardiff, Birmingham, Liverpool, Belfast, Newcastleworld.
and Manchester offer impressive galleries,The current climate of low interest rates, low
museums and theatres giving the traveller ainflation and increased infrastructure spend bodes
multitude of activities to pursue.well for the future of the UK. The UK has also
Outside of these metropolitan areas there are stillbeen chosen to host the 2012 Olympic Games
many towns and cities with historical value suchwhich will put the worldwide spot light on this
as Bath, Salisbury and Harrogate. Peaceful villagebeautiful, diverse group of countries.
life is also an option with rural communitiesThe Future of UK Property Investment
abounding across the majority of all of theWhile the release of further housing stock over
countries.the last decade has helped to control the ongoing
UK Property Investment Marketproperty boom, demand still far out weighs supply
Prior to the election of the present Labour- especially in the more affluent south of England,
Government, the UK property market had tendedwhere the majority of overseas investment is
to move in very cyclical patterns with significantapplied.
(short term) boom and busts episodes. Over theHowever, over the last few years we have seen
last 10 years this particular trait has faded and theareas such as Edinburgh and Glasgow in Scotland;
UK property investment market has been on acontinue to increase their profile which has
general upturn for some time. The release ofresulted in some fairly large property price rises in
significant numbers of social housing over the lastthese areas. This pattern has been repeated in a
decade has helped to flatten the natural boomnumber of the more business central areas of
and bust curve.England, Scotland, Northern Ireland and Wales.
As the UK continues to attract significantOne of the main attractions to tourists to the UK
overseas property investment the UK propertyseems to be the great and varied history of the
investment market around the major cities haveland, which has links as far afield as Pakistan and
tended to lead the way with regards to priceIndia who are members of the ever expanding
rises (particularly London property and the SouthCommonwealth of the United Kingdom.
East). Where the major cities lead, the smallerThe UK also has a very thorough infrastructure,
cities and towns have followed - although there iswhere it is possible to travel between the likes of
often a time lag as the factors affecting theLondon and Glasgow (in Scotland) within a couple
general market slowly spread far and wide.of hours - carrying you from the hustle and bustle
While the UK market has been prone to shortof the big city, to the verges of the beautiful
term, often volatile, swings, there is no doubt thatScottish countryside complete with Lochs, Golf
the return on UK Property over any significantCourses and miles of National park.
period has been significantly higher than those ofTravel within the UK is very easy as there are no
mainland Europe. The UK has always been a verypassport restrictions when moving between the
much purchase driven market, however as thefour countries United Kingdom.