000 01334cab a22001935a 4500
001 L146640
008 090210e20090206xxkd f s 000 0 eng d
035 _a(Sirsi) u146640
041 0 _aeng
100 1 _aBarnes, Yolande
245 0 0 _aHoming in on the UK
260 _c2009
490 _aProperty Week
_v75(6) 6 February 2009, 42(1)
520 _aArticle suggests that international investors may help to spark the revival of the UK prime residential sector. The author bases this on the position that a fall in average prices coupled with a weak pound means that investors in Europe and Japan are 35-50% better off purchasing in the UK than they were a year ago. Links historical falls in the UK prime market to drops in the value of Sterling and posits that available stock levels may fall dramatically as the majority of properties for sale in this market will come from needs-based sellers and will soon disappear in the event of a rise in sales. Also mentions that existing overseas investors will be suffering the same falls in value in their current portfolio as faced by UK investors, which will be a major disincentive to sell and will constrict supply further still. Contains tables and statistics.
590 _aKA
651 4 _aUnited Kingdom
_y
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c81217
_d81217