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ARTICLE · 17 SEPTEMBER 2013

A Surge In Growth For UK Property

Collas Crill
Collas Crill
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Collas Crill

Collas Crill

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As the latest survey from the Royal Institute of Chartered Surveyors reveals a surge in demand for UK property and the fastest rise in house prices since their peak 7 years ago, we take a look at what's happening in UK property.

JerseyReal Estate and Construction

As the latest survey from the Royal Institute of Chartered Surveyors (RICS) reveals a surge in demand for UK property and the fastest rise in house prices since their peak 7 years ago, we take a look at what's happening in UK property.

RICS aren't alone in claiming that investors are clamouring to return to the property market, this month's London Residential Review produced by Frank Knight showed that international investors are driving investment in prime residential property.

What's the attraction for international investors?

For overseas investors, the weak pound and low interest rates have driven capital growth in house prices considerably. Taking into account currency fluctuations, Knight Frank are predicting double digit growth in capital for investors from Europe, USA, Middle East and Asia. For sterling investors, the anticipated growth is 26%. Somewhat better than the meagre rates being offered on cash right now!

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