Infinite Prop

Consumer confidence fell by 1.7 points to 101.6 in June, according to the YouGov/Centre for Economics and Business Research (CEBR) index, a reading that remains in positive territory. The biggest drag on the index was homeowners’ pessimism. Confidence in property values dropped by 5.8 points for the month and 10.3 points for the coming 12 months

UK housing slowdown hits market confidence as asking prices fall Homeowners’ worries are affecting national mood, poll shows, as figures reveal small drop in prices

Great time to buy investment property in the UK

𝗙𝗢𝗥 𝗬𝗘𝗔𝗥𝗦 𝗧𝗢 𝗖𝗢𝗠𝗘, 𝗧𝗛𝗘 𝗨𝗞 𝗪𝗜𝗟𝗟 𝗛𝗔𝗩𝗘 𝗔 𝗦𝗛𝗢𝗥𝗧𝗔𝗚𝗘 𝗢𝗙 𝗛𝗢𝗨𝗦𝗘𝗦, 𝗟𝗘𝗔𝗩𝗜𝗡𝗚 𝗥𝗘𝗡𝗧𝗔𝗟 𝗣𝗥𝗜𝗖𝗘𝗦 𝗔𝗧 𝗔𝗡 𝗔𝗟𝗟-𝗧𝗜𝗠𝗘 𝗛𝗜𝗚𝗛.

Due to an all-time high shortage of suitable domestic housing in the UK ever since the post-war era (±4.3 million houses too little), there is also an all-time high spike in the prices of rent. 💸

As it will take their government at least a century to build enough houses on their own, even if they reach their target of 300,000 new houses per year, they’re substantially incentivising private investors (even overseas investors with no UK passport) to help solve the issue.

Naturally, this provides money-savvy South Africans 🇿🇦 with a golden opportunity to diversify their assets and start building a buy-to-rent offshore property portfolio. 🏠🏠🏠

Read more 🖱️ : https://wealthtrek.co.za/insight/why-should-south-africans-invest-in-uk-property