Property Investment News – Can the government’s wallet tame the recession?

Property Investment News – plus some exciting new investments

As the market fluctuates and uncertainty still holding back property investors, we’ve found some great opportunities overseas with both capital and rental guarantees for added security.

We’ll continue with last week’s topic on the banking system as news filters through that the FSA may close for good. The question is can the Bank of England regain control and kick the economy back into shape.

This week’s property investment news

Mixed messages on house prices; on one side the national newspapers tell us how house prices are rising, on the other we see the National Institute of Economic and Social Research telling us we’re going to see falls for another 2 years. Who should we believe? Either way it looks like house prices are on the road to recovery.

Gordon Brown says spending is good for the economy, he’s certainly backing this up as we see a deficit of £9.9 billion from the government each month. Can spending really impact on the natural cycle of recession? One thing we do know is that if money is spent well then opportunities will follow.

And finally, we end this week with a warning from the banking giants do not manipulate your financial details as lenders have a way of tracking data. So, if you earn £25,000 tell them you earn £25,000.

As always, if you have any questions or want to have a chat about current opportunities call the team on 0207 812 1255.

Live with Passion,
Brett Alegre-Wood

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.