Colour Investments Property Investment

Is the title of an article in The Times’ Bricks and mortar today. 

It talks about a lack of supply in new-builds as developers have to pick and choose which developments they build and which they bail out of.  With a continuing high demand for property in the UK we have seen a mini boom in some areas in the new-build sector.  Bristol is one area which they highlighted as having avoided the new-build ‘over-supply’ and where they are still selling in great numbers week after week.

Smartnewhomes.com also reported that the price of new homes across the UK has increased by 2.1% over the past 12 months.

I hear so many people talking about the depressed property market – particularly on the new-build front, but this goes to show that most of the doom and gloom is, as usual, utter rubbish.

Its been a great week for the UK market with a couple of new 80% Loan-to-value, Buy-To-Let mortgage products becoming available.

This is fantastic  for investors and for the market in general as it restores confidence and shows the banks growing confidence.

Lets hope this is one step up the (steep) ladder to recovery…  The boom could be just round the corner….

Dear Investors,

Colour Investments are pleased to announce our latest UK BMV properties sourced with 25% discount from RICS valuations based in Liverpool and Doncaster.

With the NEW 80% LTV package from The Mortgage Works being released last week the question is are 25% BMV deals over? Well yes we think so… but not for a short time because we’ve managed to source the below properties which will be sold on a first come first served basis before discounts start to come down in line with mortgage loan-to-values. It’s the perfect time to get in before the market really starts to gain momentum and main stream buyers start really flooding back in.

All the below properties are Guaranteed 25% below valuation or your money back. Please note: All our fees are refundable should any of our deals not go through.

We have ONLY 9 UK investment properties available and with 25% discount available and 80% LTV mortgages now on the market again these 9 units won’t stick around for long…

Key features:

- 25% discount from new RICS valuations
- “Second hand” UK property stock so can utilise 80% LTV mortgages (subject to usual mortgage application)
- Some already tenanted or newly tenanted investment properties
- Excellent locations for property investment with high capital growth potential
- Both houses and flats available
- All legal fees, bridging e.t.c. for just £5,000 +VAT
- All broker fees included
- All legal search fees included
- Net Prices from just £59,625
- Finders fee is just £2,495

These are being sold with all the information we have been provided and we do not have time to do a brochure for each one obviously. Please also be aware that if you are interested in a particular unit you will have to act quickly to avoid disappointment and carry out any of your own due diligence swiftly.

Click this link to DOWNLOAD the PDF info pack of the 9 UK investment BMV properties we have available:

www.colourinvestments.com/images/downloads/uk-bmv-19052010.pdf

Due to the limited number of BMV units available in the UK at the moment we anticipate these to sell out very quickly. If you have further interest and would like to reserve a unit please reply to this e-mail (invest@colourinvestments.com) with your phone number or call us on 08450 944 559 with your interest and we will answer any questions you may have.

Yours sincerely,
UK BMV Team

Colour Investments
invest@colourinvestments.com
www.colourinvestments.com
t: 44 (0) 8450 944 559
f: 44 (0) 8450 944 558

Property prices are still rising in the UK according to the latest indices to be published and are predicted to keep doing so.

They will rise by at least 5% during 2010 according to the centre for economics and business research (cebr) as a combination of low mortgage rates and a shortage of new homes being built would push up house prices.

Analysts said they expect lower price growth of 3.4% during 2011 followed by a strong rise of 9% in 2012.

Nationwide said that the 10.5% rise in average annual prices was the biggest since June 2007. Property values grew by 1% in April to an average of £167,802, bringing them to within 10% of their peak in October 2007.

Nationwide attributed the strong rebound in the past year to low levels of stock on the market and relatively high demand, rather than to high levels of sales. It warned, though, that the upward trend was likely to stabilise over the coming months as more sellers put homes on the market.

‘Given the very strong performance of house prices from May 2009 onwards it will take monthly increases in excess of 1% for the annual rate of inflation to be maintained in double digits,’ explained Martin Gahbauer, chief economist at Nationwide.

The level of the monthly rise, based on seasonally adjusted figures, was partly due to April 2009 being one of the weakest months of last year, Nationwide said. The quarterly rate of growth, regarded as a smoother indicator of house price trends, fell further from 1.5% in March to 1.1% last month.

Separate research published at the end of last week from Rightmove showed that asking prices increased 2.6% in April and are now 6% higher than in the same month in 2009.

* Source Nationwide housing index

Mortgage lending jumped to £11.5bn in March, a 24% rise from February the Council of Mortgage Lenders (CML) said.

The figure was also 3% up on March last year, when the market had reached its nadir in the wake of the credit crunch.

Good to hear.

Source: BBC News

Property asking prices in the UK went up by an average of £7,137 in February and average asking prices in London are now at a record high of £427,987.

The increase of 3.2% was the largest monthly climb in asking prices since the property boom-times of April 2007 and search activity on Rightmove has been at a record high in the past month.

source: Rightmove newsletter

So 2009 was an interesting year with the credit crunch still lingering… will 2010 bring even more positive news to the property sector in the form on stable, sensible growth? What do you think? (please comment below…)

Personally I think it will stay stable and growth for the next couple of years will be relatively small and sensible. Then I see larger growth starting to happen, nothing crazy but sustainable, solid economic growth. I don’t think there will be a “double bounce” that some doom and gloomers predict which is why I’m personally buying more property this year as I think any serious investor should be!

I’ve so far bought a 1 bed apartment in Makadi, Egypt (available on our website here: www.colourinvestments.com/makadi/introduction) and also a 7 bedroom HMO property in Reading, Berkshire UK. What have you bought if anything? (again please comment below and share you views with us)

Good luck in 2010 and I hope we can help you achieve some of your investment goals in 2010

Take care
Nick

House prices rose by 1.6% during September, the third successive monthly increase, according to Halifax.

The mortgage lender says typical values are still down by 7.4% compared to this time last year, though they are up 2.8% over the previous three months. The average home now costs £163,533.

Halifax’s figures contrast with the recent Land Registry index which showed a 0.1% drop in August. The official body said house prices are now flat.
Mortgage lender Nationwide reported a 0.9% rise in typical property values during September, the fifth successive rise.

The Land Registry data lags behind both lenders, yet is seen by a number of people as more representative as it takes into consideration all property sales.
Nationwide and Halifax just measure their latest lending data.

Do you think property prices will increase by much this year and if not when do you think they’ll start moving again?

thanks for reading
Nick

Figures released by Nationwide today show that UK property prices have risen for the 5th consecutive month.  This means prices have now recovered to the same level as they were in September 2008.

As usual everyone (or at least most people) are still predicting doom and gloom but it is difficult to argue against the fact that the worst times are over and property is back on the up.  Properties with a real discount from RICS are being snapped up at an incredible rate when they come to market, and normal properties are also moving quickly when they come on for sale.  Hold on to your hats we could be on the verge of some incredible price lifts over the comking 12  months!