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This assumes that all new pension portfolio investment will be confined to properties in the UK. If foreign property investment is allowed, that wil hardly be the case as at least some investors will invest abroad.This would add 3 Billion to the annual property market in the UK.
[broken link removed][/font][/font][font=Arial, Helvetica, sans-serif] The Hometrack September survey of the national housing market reports a further fall of -0.1%. House prices have now been falling for 15 consecutive months. The national average house price now stands at £160,900, down from a peak of £167,700 in June 2004 and down over 3.7% in the past 12 months.[/font][font=Arial, Helvetica, sans-serif]
Michael said:Hello, I am considering buying a 1 Bed in Manchester for 120K STG. I read an article recently that 1 April 2006 is being called A Day in the UK. From this day onwards pension holders can use their fund that they have built up to purchase an investment property.
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