ochomesales.info

Scotland commercial property has now seen its first quarter of positive capital growth in over two years. This falls in line with the rest of the UK which also sees a positive growth with capital values rising 1.5%. on a downside the report also revealed that the rental values have not returned the positive growth. Over the past year rental values have fallen by 4.2% compared with -8.4% at UK level. The investment made in the Scottish property has improved but along with the rest of the UK its’ been a very slow increase. The lack of investment in the Scottish property in 2009 is sizeable but looks less and less likely to hit the year end figure of £1 billion.

British Land is the UK’s biggest Landlord, a recent report shows that the value of its property empire rose 1.4% in this years second quarter to a estimated £8,29 billion.

This increase is the first of its kind after more than two years and follows a crash of 45% back in June 2007. The chairman of British Land Chris Gibson-Smith today called the property crisis the worst storm in real estate history.

The value of the property portfolio includes offices across London and retail parks across the country was down 2.4% in the first half. A former banker with Barclays and Goldman Sachs said that the worst is probably behind us. Its in this light that British Land said 70% of its properties increased in value after June 2009.

In Perthshire the property market is on the rise according to some industry insiders. It is reported that sales in October reached £20m according to Perthshire Solicitors Property Centre. This accounts to more than the first three months of a year. The average sales price for the area reached £176,500 which is up from £153,000 in the second quarter.

The royal institution of Chartered Surveyors revealed that more properties were being put on the market – this was confirmed by 16 chartered surveying companies which also suggested the slump in housing prices had bottomed out and finally property values were on the increase.

Afghanistan is experiencing a boom in estate prices which defies the downward trend in property that many other parts of the world is seeing and has experienced for the last 2 years. Its hard to imagine why anyone wanting to live or invest in a city which has been renowned for violence and war. In some parts of Kabul, prices have risen by 75% in the past year which is partly due to the prices that international agencies are willing to pay in order to buy properties in the best locations. Alongside this wealthy Afghans which have seen there properties prices drop in Dubai are putting money back into Kabul

Estate agents are starting to smile again as the UK property market starts to rise. Last year at this time estate agents were struggling to sell one home each week, they also had to cut staff. They had people wanting to sell with no one buying – it now seems the other way round. One estate agency in London said that they registered over 300 buyers in one month. Two years the mortgage slump crippled sales and staff went to work away from the property market. As people now start to get mortgages the buyers are back. Many agents have said that parents have been the biggest contributors to the markets as it’s there help in the deposit which allows there siblings to buy a house.