Housing market `will not necessarily perform well`

Released on = May 17, 2007, 1:21 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = Britons considering investing in the housing market have
been warned that while the sector has done well in the past, this does not
necessarily guarantee that it will do well in the future.

Press Release Body = Sustained house price inflation has made housing an attractive
investment prospect in recent years, although four rises in interest rates in the
last nine months have acted to cool the market.

As a result, many analysts have warned that a property market crash is on the cards
- suggesting now is the time to make a quick property sale.

Echoing this thought, Meera Patel, senior analyst at Hargreaves Lansdown, has urged
investors not to put all of their money in property just because the sector has
performed well of late.

\"I think that property is such a hot topic with the private investor that there may
still be demand for it [even after the market cools] - but this would not be off the
back of investors actually understanding the fundamentals,\" she commented.

\"They would be investing more on the back of past performance - which is a very
dangerous thing to do.

\"The message to get across is: You have got to be careful when investing in an asset
class that has just done phenomenally well and you have to question what the scope
is for it to deliver growth,\" she added.

UK fast purchase property company National Homebuyers agrees with Ms Patel. Director
Julian King says: \"We are at the sharp edge of property sales and the volume of
business we are conducting now from people who are worried about the future value of
their home shows how the market is learning to read the warning signs.

\"Anyone considering investing right now should find other options available to avoid
inevitable losses. The current slowdown, introduction of Hips, repossession figures
and inevitable \'crash\' should make most astute investors look elsewhere.\"

National Homebuyers is the UK\'s leading quick sale property company, purchasing
properties from vendors who want to avoid the downturn in property prices and take
advantage of the market\'s current buoyancy.

National Homebuyers can arrange a fast property sale and is available at
www.nationalhomebuyers.co.uk/index.asp or by calling 0870 979 8118.


Web Site = http://www.nationalhomebuyers.co.uk

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF
08709798118
Fax: 01444 257333
info@nationalhomebuyers.co.uk

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