Continuing low rates of interest are unprecidented and encouraging more investor/landlords to expand their property portfolios. When achieving a typical day-1 profit of 33% and with annual income of 6-9%, it is easy to see why! Where else will you obtain such growth with income without taking a high-risk strategy?

According to a Worldwide Property Group survey, 2 out of 3 who responded are benefiting from continued low-levels of interest, while 7 out of 10 had increased their desire to buy more property: the highest figure since the survey commenced in August 2009.

This report strongly indicates confidence is running to the property market. It is at its highest level since April this year, with nearly 9 out of 10 believing now is the right time to buy more property in the UK. At the same time, more than 7 out of 10 think it is also a good time to buy property overseas. Again, the highest level since April.

 

Other than the exotic locations of the USA, the Caribbean and Brazil, opportunity exists for below market value deals within the more traditional, closer to UK countries including Spain, France, Italy, Portugal and Cyprus.

Kevin Wilkes, Managing Director of the Worldwide Property Group said, The results of this survey make for very positive reading. I am delighted to see that confidence in property both in the UK and overseas has reached such a high level. It is also very interesting to see that with all the fantastic opportunities currently available around the world, it is still the more traditional markets that draw the most interest.

What we say ~ Property pundits predict such low levels of interest must change by the end of 2011. Whether you are expanding your Buying-to-Let portfolio or considering Buying-to-Live, key-ready Below Market Value property is available with typical savings of 25% against High Street Estate Agent prices.

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