Monday, August 4, 2008

Photo's from Berkshire Property Meet

Photo's from Berkshire Property Meet July 2008

Berkshire Property Meet - July 2008



Time has flown since the last Berkshire Property Meet and we haven't sat still since. Rob Moore & Mark provided us with an insight into why they believe with the right plan this is the best time to invest in property in a decade. With estate agents & vendors all willing to negoiate down to 35% BMV. Yields are finally on the rise.







Please find the link to the many photo's taken on the evening showing how much fun it can be to network and learn at the UKs leading Property Networking event.

If you wish to find out more about Rob & Marks two outstanding books on property investing see here:-
The 44 Most Closely Guarded Property Secrets

Rob & Mark also run open days for property investors we only 45 minutes of their time. So just imagine how much information you could get in a whole day?
Open Day Offer

Download Presentation Here :- Download Rob Moore & Mark Presentation Here

You can find link to the photo's from the last meeting Here:-
Photo from Berkshire Property Meet 14 July 2008

Brian Ollivierre our photographers:- Brian's Contact Details

We have also uploaded some video clips from the last meeting:-
Follow this for video clips



Connecting with other Berkshire Property Meet attendees:

Some people have asked us what's the easiest way to find and connect with those members who's details you didn't get or mislaid? The simplest way is to look on facebook. With over a 1000 members joining the Berkshire Property Meet Group, you can join too by clicking on this link:-
http://groups.to/berkshirepropertymeet/

We have also added the photo's from the last and previous meetings to this group so feel free to tag yourself.



Our next meeting will be Monday 18th August with Simon Zutshi of the Property Investor Network. Simon is a financially independent property investor with over twelve years experience. Simon is a fantastic speaker who not only engages but motivates his audience, teaching investors to maximise their returns and minimise the risks.



His talk will be about STILL buying in the current climate.

Have a great week Juswant!

Many of you will have heard us mention the Breakthrough to Success - Wealth & Power with Chris Howard. We fortunate to still be able to offer tickets for their Manchester event in August. This is the first time the have ventured north in the UK and it is well worth putting in your diary.

Register for Two Free Tickets Worth £1790:-
Free Tickets Worth £1790



Undersupply could bring back house price inflation

Undersupply in the housing market could lead to a return to rapid house price inflation by 2010, according to a report published today.

Falling output from housebuilders could lead to a 30pc increase in house prices between 2009 and 2012, according to the Centre for Economic and Business Research. The organisation makes its prediction on the proviso that the mortgage market returns to normal by the second half of 2009.

The report states: "The rapidly declining confidence in the housing market is having an impact on building - we expect completions to fall by 20pc in 2008. This will lead to an undersupply of housing over the medium term which will aid recovery in prices."
advertisement

However, the consumer and housing prospects report warns that before the housing market returns to growth there is almost certainly more bad news to come. It forecasts house prices will fall 8pc this year and a further 4pc in 2009.

Although the CEBR does not expect unemployment or interest rates to hit the highs of the early 1990s, it does warn that home repossessions are likely to double due to negative house price growth and higher interest rates on mortgages.

The near-paralysis in the housing market means completion of newly-built housing is forecast to fall by 20pc this year with a further fall in 2009.



Labels: ,

Property prices 'may boom by 2010'

Property prices may be booming again by 2010 as the sharp fall in housebuilding threatens to see demand outstrip supply, according to a report.

The Centre for Economic and Business Research (CEBR) said a halt in housebuilding amid the credit crunch could fuel a 30% rise in prices between late 2009 and 2012.

Its quarterly consumer and housing prospects report estimates that house completions will fall by a fifth this year and by 10% in 2009 as builders hit by the property market slowdown put the brakes on construction.

New figures revealed that activity in the construction industry fell to its lowest level for at least 11 years last month. The Chartered Institute of Purchasing and Supply's (CIPS) Construction Purchasing Managers' Index, which measures the industry's performance, showed the lowest reading since the survey began in April 1997.

House builders are suffering from falls in property prices, lower demand from buyers struggling to raise finance in the credit crisis and more expensive raw materials.

The CEBR expects house prices to fall by 8% this year and 4% next, but recover sharply amid a shortfall in supply.

Richard Snook, an economist at CEBR and one of the report's authors, said: "When prices have fallen in the past, we have seen house building slow quite rapidly but take a lot longer to come back, which leads to demand outstripping supply. With the fundamentals of the housing market still relatively tight, the credit crunch might already have sown the seeds of the next house price boom."

The CEBR also forecasts that prices will start to recover next year if the Bank of England cuts interest rates, as expected in 2009.

Inflation pressures are seen easing as the economy slows, which may allow the Bank's policymakers more room to loosen monetary policy, in turn set to lead to reignite property market.

The number of house building completions totalled 175,000 in England last year, but the CEBR forecasts a fall to 134,000 next year - far below the Government's target for 185,000 a year. And the CEBR predicts that the average UK house price will fall from £196,000 in 2007 to £174,000 in 2009, before recovering to £226,000 in 2012.



Labels: ,