A new poll by HomeOwners’ Alliance has showed that buyers are now more worried about accelerating prices than being caught in negative equity.
(PRWEB) April 24, 2014
Property prices in London have bounced back by more than 40 per cent from the worst days of the credit crunch, new figures show from the Land Registry show. Real estate advocate and global property millionaire, Rick Otton, says while this is no surprise, UK property investors should take heart in the knowledge that it is possible to invest in property with no deposit.
According to a report published in The Standard, “in April 2009, property values reached their lowest point following the global crash that led to the collapse of financial institutions, bank bailouts and plummeting stock markets.”
But new research, compiled by real estate agent Savills, shows how far the recovery has come with prices across London, rising by 41 per cent on average, from £292,977 at the 2009 peak to £414,356 now.
“While London is leading the recovery charge thanks to foreign buyers, other regions in the country are slowly catching up,” Mr Otton said.
“Competition for stock is unimaginably fierce and rumours continue unabated about a housing bubble. A new poll by HomeOwners’ Alliance has showed that buyers are now more worried about accelerating prices than being caught in negative equity.”
Property seminars for financial freedom
Mr. Otton said the biggest issue faced by investors in the current climate was how to clinch the right property deals and leads without necessarily having the banking or personal finance to do so.
The progressive property educator last month held his highly successful Zero Debt Property Cash Flow Bootcamp in the UK to promote his signature creative real estate strategies. The annual event attracts experienced and novice investors alike – and is well regarded for its highly practical, simple and dynamic approach.
“My easy-to-copy and proven low-risk system is about building positive cash flow, and showing students how to generate leads and find deals to propel their property portfolios into a whole other orbit,” Mr. Otton said.
“These unique property strategies are perfect for any economy because they allow investors to control the asset without taking on any of the downside risk. This means no new bank mortgage, no borrowing equity from an existing property, no stamp duty and no saving for a deposit.”
Access Rick Otton’s downloadable Power Property Profits Pack at RickOtton.co.uk, as well as further details of his techniques. Phone enquiries in the UK are welcome on 0207 000 1027.
About Rick Otton
Rick Otton is a property investment professional who, over the last 20 years, has introduced innovative real estate strategies to the UK, Australian and the United States. His creative ‘low-risk, high-reward’ approach to buying and selling houses is exemplified in his own business, We Buy Houses.
This year marks the 10 year anniversary of Mr. Otton introducing his strategies to the UK, and the 5 year anniversary of his innovative ‘Buy A House For A Pound’ process – one that attempted to be emulated by others. His constant process of strategy refinement, and adapting to the ever-changing real estate market, continues to place him at the forefront of property investment education.
In 2012 Rick Otton published his Australian book ‘How To Buy A House For A Dollar’ which was named in the list of Top 10 Most Popular Finance Titles for 2013. A UK version is on the drawing board for publication in 2014.
Mr. Otton freely shares insights into his non-bank-loan strategies that have allowed everyday UK men and women to beat the rental cycle and have their own homes. He coaches others on how to build profitable businesses by facilitating transactions that focus on the needs of potential buyers and motivated sellers.
Access to his free downloadable Power Property Profits Pack is available at RickOtton.co.uk, as are details of Rick Otton’s techniques. Phone enquiries in the UK are welcome on 0207 000 1027.