Colordarcy Predicts A 10% Increase In UK House Prices In 2014

Analysts at Colordarcy predict that UK house prices could rise by as much as 10% in 2014 as growth returns to the economy and the effects of government initiatives to help people get on the property ladder are felt.

Colordarcy highlights a report by Nationwide this month which shows that UK house prices increased by a further 0.7% in January making them 8.8% higher than in January 2013.

Loxley McKenzie, Managing Director of Colordarcy comments, “I think the banks are being conservative in their predictions for the UK property market. What we are seeing happening in the UK now reminds me of the pattern of recovery in the US housing market, which began three years ago.

The falls in property prices may not have been so steep in the UK as they were in US cities, but we have seen growth well into double digits in some US states and I would expect to see the same kind of pattern of growth in the UK, assuming the economic recovery remains on track.”

According to data released by HMRC, house prices are still 4% below what they were in 2007 and the number of house purchases was up by 30% in the 12 months to December 2013.

According to Colordarcy, government intervention has added fuel to a potential boom in UK house prices by helping people gain access to the finance required to buy homes.
 
McKenzie added, “There is a direct link between the availability of finance to buy and growth in property markets. If the banks feel confident enough to lend then that confidence will begin to filter through into the economy and increase demand for property.”  

The Bank of England cut interest rates to a record low 0.5 percent five years ago and there is little chance that the rate will be increased in the short term according to analysts at Colordarcy.

This will have the effect of keeping finance costs low and people will have more incentive to buy and lock in low interest rates.

Colordarcy are currently offering a range of UK property investments with guaranteed returns priced from £52,995.  

UK Property

Notes to the editor:

Colordarcy is a leading property investment company that specialises in finding positive cash flow investment properties worldwide. Their aim is to provide their clients with properties that offer the unique combination of strong growth returns and cash flow positive income.

Investing in positive cash flow property significantly reduces the risk because the property will pay for itself regardless of market conditions, employment status or other financial commitments.

Colordarcy provides complete support before, during and after a sale, including finding tenants, financial assistance, viewing trips and currency services. Colordarcy are proud members of the ‘Association of International Property Professionals’ (AIPP), and abide by its code of conduct, one established to protect the buyer, by ensuring members follow professional guidelines and procedures.

Colordarcy investment property portfolio includes some of the best properties for sale in Brazil, Florida, Turkey and the United Kingdom.

For more information, supporting pictures or logo artwork, please contact:

Brett Tudor
PR Manager

Tel: +44 (0) 207 100 2393
Email: press(at)colordarcy(dot)com
Web: https://www.colordarcy.com/

Colordarcy Investment Ltd
28 Leman Street
London
E1 8ER

Notes to the editor:

Colordarcy is a leading property investment company that specialises in finding positive cash flow investment properties worldwide. Their aim is to provide their clients with properties that offer the unique combination of strong growth returns and cash flow positive income.

Investing in positive cash flow property significantly reduces the risk because the property will pay for itself regardless of market conditions, employment status or other financial commitments.

Colordarcy provides complete support before, during and after a sale, including finding tenants, financial assistance, viewing trips and currency services. Colordarcy are proud members of the “Association of International Property Professionals” (AIPP), and abide by its code of conduct, one established to protect the buyer, by ensuring members follow professional guidelines and procedures.

Colordarcy investment property portfolio includes some of the best properties for sale in Brazil, Florida and the United Kingdom.

For more information, supporting pictures or logo artwork, please contact:

Jill Stevenson
PR Manager

Email: press(at)colordarcy(dot)com

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