Property prices have grown consistently over the medium to longer term. In fact if we look closer you can consider the facts..

• If we look back over the last 50 years the compounded average annual increase in property prices has been 8.5%
• Since the Department of Records have kept statistics, property prices have gained for 30 years and reduced in only 4 years.
• The historic figures show that the highest reduction was 11% during 1990
• Over the past 5 years the market in the UK has enjoyed exceptional capital growth of between 15%-20% per annum. Some areas have experienced even higher growth rates.

Over the next ten years the buy to let rental market will become more profitable than ever before. It will continue to grow due to...

• Escalating house prices pushing in particular 1st time buyers out of the market.
• More and more students and single or separated people looking to rent
• Less concerns about the fact that you are renting rather than buying
• More people looking to have dual properties to accomodate the working week away from home, then returning to the house in the country at weekends.

The market is proving that in specific areas within the UK (Scotland In Particular), it is still a very good time to invest within the property market. Let us look at reasons to consider this investment further…

• Average UK house prices have grown from £135,444 at end of December 2003 to £172,065 by end of 4th quarter 2006. The annual UK house growth rate over the last 12 months is just over 9.3% (source nationwide)

The Scottish housing market has again grown at the second fastest rate of house price growth in the UK in 2006. Prices in the final quarter of 2006 were 16% higher than the same time last year, compare this to the average of 9.3% for the UK as a whole over the same period. Prices in Scotland increased almost twice as fast as in England (8.1%) and Wales (8.9%). Only Northern Ireland has seen higher growth than Scotland last year at a whopping 44.1% between Q4 2005 and Q4 2006.

• The regional hotspot figures up to 4th Quarter 2006 in Scotland are as follows:
• Aberdeen City 30.0%
• Aberdeenshire 26.0%
• Dundee & Angus 10.0%
• Lothian & Falkirk 11.0%
• South Lanarkshire 9%
• Renfrewshire & Inverclyde 8%
• (source Nationwide house prices as at 4th January 2007)

The Scottish market has outperformed the UK consistently over the last three years. We predict as at Jan 2007 the Scottish market will continue to deliver double digit growth by the end of 2007. The general forecast for 2007 within the Scottish market is tipped to reach 9%, (source nationwide).

When you consider and analyse all these factors this is an ideal time to get involved in the property market.

Call 0845 057 3586 for reservations and property related enquires.