13 November 2009
Dear Friend,
If you’re looking for UK capital growth, source the nearest good school, suggests a new survey from Savills Research. The survey reports that the accessibility of a good school is the most important factor for parents when choosing where to live. Therefore, property investors can exploit the high demand for properties in such areas and enjoy the benefits this brings to the value of these properties.
Homes with good access to top-performing schools are on average worth 16 per cent more than the average price in their county, a figure which has risen by 3 per cent since 2007. Likewise, those properties near schools which rank at the bottom of performance tables average out at 10 per cent less than their county average.
Lucia Cook, director of Savills Research says, “It’s hard to conclude a direct cause and effect but it is clear from our analysis that a good education – state or private – almost invariably comes with an added cost in terms of the price of local property.” At the most extreme end of the scale, Leatherhead properties close to high quality schools are valued at 59 per cent more than the average prices in Surrey!
Cliff D’Arcy has something positive to share on the UK property market. Read more in his article for lovemoney.com here.
After favouring retailers throughout the recession, retail-week.com now takes a look at whether the property market is now going to move in favour of landlords. Read more here.
If you are buying overseas, do so via a real estate company that’s a member of the Association of International Property Professionals (AIPP). Who? They’re not that well-known…yet. Only 48 per cent of potential overseas investors are aware of this representative body and the security they offer to members.
We have a PDF guide to buying property overseas courtesy of the AIPP which tells you all about purchasing property abroad and a little about the AIPP too. Email me back and I will send it to you – it’s a good read and not PR puffery.
Paul Owen, the Chief Executive, says, “We work hard on many fronts to achieve our aim of making the international property market a better place in which to work and a safer place in which to buy. Our members are proactive in displaying their membership and enjoy the benefits that brings.”
With Best Wishes
Iain
Iain Maitland
ShareCrazy Property
UKPA offers weekday emails and 12 monthly, 16-page PDF newsletters a year in association with International Property Alerts at www.internationalpropertyalerts.co.uk and Hotel Property Alerts at www.hotelpropertyalerts.co.uk. Next newsletter? Mid November.
Posted by ShareCrazy on Nov 13, 09:25 AM in property- Post to: del.icio.us
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Pls provide the guide to property purchase abroad written by AIPP . i only want pdf format file. thanks.
— Peter · Nov 14, 05:38 PM · #