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london-property

According to guardian news paper still have market opportunities in uk property.

An influx of new lenders to the UK commercial property market could help avert the kind of extended slumps which followed corrections in the 1970s and 1990s, global property services firm Savills said.
At its annual property financing presentation in London's City business district on Wednesday, William Newsom, Savills UK head of valuations, said a host of new banks were circling near-barren money markets to take advantage of a "brilliant time" to lend.

Average commercial property prices have fallen around 17 percent in the last 12 months and could have further to fall, while earlier this week Britain's largest buy-to-let mortgage lender Bradford & Bingley revealed a worrying surge in bad debts.

Bu Newsom said lenders fall into two camps. "Those that are able to lend are having a joyous time, the others are sick as parrots," he said.
"Last year was a borrowers' market. But we're seeing highest margins for eight years, lowest loan-to-value (ratios) for eight years and arrangement fees are said to be the highest on record... That is proving a magic combination for some lenders." More >>

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