An investment of £100,000 into an average regional property in early 2000 was worth over £270,000 twenty years later according to Nationwide Building Society. At the same time, it would have provided a valuable rental income.
Property may or may not provide similar returns in the future, but it remains one of the most reliable ways for a personal investor to generate additional income and capital gains and to provide a stable base for an investment portfolio or a retirement plan.
Latest indicators suggest that the doomsayers have got it wrong - the market will not go into a tailspin. However, there is a small dark cloud on the horizon - complete with silver lining.
"Today we build for the future" said Jeremy Hunt in his Budget speech. However, that did not include building places to live. This do nothing approach will only make a broken housing market...
Originally lauded as the future backbone of the UK's rail network, successive cut backs and delays have reduced HS2 to a high speed link between London and Birmingham, at least for the...