Property Articles

Property investors remain confident that the house prices will continue to rise in 2007 at a steady pace.

Nationwide Building Society’s recent forecast of 5% to 8% in the upcoming year is the main reason for this. Nationwide’s robust prediction is inline with similar projections from the Royal Institution of Chartered Surveyors.
Especially the property shortage in the South East is expected to be key for the Berkshire area.

The rising property prices are expected to make it even harder for the first time buyers to get on the property ladder.
The property investors should be even more careful in taking on oversized mortgages they cannot afford, or interest-only loans with no plan for repaying them.