How transport gets investors on track

Released on: April 25, 2008, 8:50 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: Today\'s news that the Bank of England\'s monetary policy
committee has cut the base rate again to five per cent will be welcome news for
investors in property amid a climate that has seen the market take something of a
hit in recent months, both from the higher interest rates brought about by the
increases in the rate between August 2006 and July last year, plus, more recently,
the credit crunch.

Press Release Body: Today\'s news that the Bank of England\'s monetary policy
committee has cut the base rate again to five per cent will be welcome news for
investors in property amid a climate that has seen the market take something of a
hit in recent months, both from the higher interest rates brought about by the
increases in the rate between August 2006 and July last year, plus, more recently,
the credit crunch.

While many have reported that the buy-to-let property market has enjoyed some
advantages from the current situation - such as increased demand and with it higher
rents due to people who would otherwise be getting on the housing ladder being
unable to do so - the investment market is never without need of some hotspots to
give new investors some enticing prospects and existing
ones opportunities to grow successfully.

Even in such times as these a number of locations have been tipped to do well, with
the Independent\'s list at the start of the year including Wales. This may seem odd
now given the fact that both the March house prices figures from Halifax and the
February statistics from the Land Registry, both of which listed Wales as the region
with the biggest drop in prices, but the reasoning the Independent used was that it
was the second home market that would do best, since prices were comparatively cheap
in areas close to the border such as Monmouthshire, compared to the neighbouring
Cotswolds.

However, this is not the only element of the Welsh market that may defy national
trends and offer investment prospects. The Independent also mentioned that some
areas would benefit from the \"ripple effect\" of being commuter towns near to
Cardiff, offering Newport as an example.

But it was not Newport that the Western Mail reported on as a new boom town this
week. Instead, it was Newbridge property in Ebbw Vale. While the valleys have had a
tough time of things economically since the mines closed - hardly the kind of thing
to boost the local property market - the town has seen its rental property market
boom in the last two months after the old rail link with Cardiff was reopened.

The restoration of this service has made the area attractive for commuters, as
explained to the paper by chartered surveyor Charlotte Burles, of letting agency
Parkmans. She said: \"It has had an effect for the rentals market, in Newbridge in
particular. Properties in and around Newbridge don\'t seem to be sticking as they
were a year ago, when some properties were hard to find tenants for.\"

She added: \"Prices are rising, up to prices of similar properties around the
Blackwood area, which was more favourable a year ago.\"

Ms Burles added that nearby Risca had seen a similar development due to its link
with Cardiff also being opened, adding that the reopening of Llanhilleth station
would do the same for that village\'s market as well.

The factor that good transport links can play appears to be a clear one in the case
of Ebbw Vale and may provide a big clue for investors about where the coming
hotspots will emerge. The Independent\'s predictions for the year emphasised this as
well, suggesting that new and faster rail links with London would boost north Kent,
while the various transport developments that were being added to everything else
happening in the run up to the 2012 Olympics would do likewise for east London.

Indeed, the Times reported last month that rather a lot of London stands to either
see hot spots getting hotter still, or new areas emerging, thanks to the numerous
developments due to take place over the years ahead. These included the extended
East London line, the additions to the Dockland\'s Light Railway and Crossrail, which
will run from Berkshire to Essex via central London.

On this basis, investors, whatever the overall trends in the market, may be wise to
check where and when the next railway, underground or tram system is to be
constructed when looking for the next investment opportunity.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://www.assetz.co.uk

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire

zip:SK7 5DA

ph:0845 400 7000

fax:0845 400 6010

email:linkexchangeseo@gmail.com

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