A significant by-product of the credit crunch and subsequent recession in the UK is the number of properties repossessed by banks and financial institutions as a consequence of borrowers defaulting on their repayments.  The Council of Mortgage Lenders has reported that the number of properties repossessed in the UK rose to 12,800 in the first three months of 2009. This was up 23% from the previous three months and up 50% on the same period last year.

For those directly affected, repossession is both devastating and a personal tragedy.  But for an investor it presents an opportunity to invest near the bottom of the property market cycle at prices substantially below market value with strong yields and positive cash flow.

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Top 10 Property Investment Countries for 2009 Revealed in Jet-to-Let Survey
Release Date: Monday 16th February 2009

The top 10 countries of most interest to jet-to-let property investors in 2009 have been revealed in a survey conducted by property investment magazine, Jet-to-Let.

In order to provide an up-to-date snapshot of investor intentions in 2009, Jet-to-Let magazine surveyed 500 new readers who recently subscribed to their free investment magazine.  The results, which provide an interesting comparison with a similar survey produced last year, show that investor’s remain keen to invest in property.  Interest remains firm in some countries, has declined in others and there is a shift towards bargain properties in the United Kingdom and the United States.

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Investors have shrugged off concerns about the credit crunch to snap up 5-star properties in the new Palm Spa Resort in Cyprus.

Developed by Liverpool-based InvestinCyprus.com Developers, The Palm Spa Resort was launched at a party in The Gallery of The Hard Days Night Hotel in Liverpool to a packed house of local and international investors on Thursday 10th July 2008.

By the following day, 61% of the resort had been sold, representing €18.3 million in sales value.  Investors in The Palm Spa Resort came from the UK and Ireland but also from Cyprus, Australia, Singapore, United States, Bahrain and South Africa.

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The Jet-to-Let Magazine 2008 Annual Conference recently took place at The Hilton Metropole in London. The conference was attended by a wide range of experienced investors - some with experience dating back four decades – and delegates were surveyed about their property purchases and views on the current investment outlook. The results, which provide an up-to-date snapshot of investor sentiment, show that 77% of respondents felt the credit crunch has not impacted on their desire to invest in property.

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The top 10 countries of most interest to foreign property investors in 2008 have been revealed in a survey conducted by property investment magazine, Jet-to-Let.

In order to provide an up-to-date snapshot of investor intentions in 2008, Jet-to-Let magazine surveyed 1000 new readers who recently subscribed to their free quarterly investment magazine. The results, which provide an interesting comparison with a similar survey conducted last year, show that investor interest is continuing to shift away from the UK buy-to-let market and towards foreign investment opportunities.

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