IPM Property News

New House Prices to Increase in 2007-
Property Development Finance
Source: www.mortgagesforbusiness.co.uk

The market for new residential properties is expected to experience significant price growth throughout 2007 as demand for property continues to rise, an expert claims.
According to David Bexon, managing director of SmartNewHomes.com, prices within the market for new houses will increase due to the strength of demand and the lack of available properties.

Mr. Bexon argues that property "hotspots" for investors will be the areas with access to transport links, while off-road parking will be an important factor for house buyers.
"The government's focus on the building of more family homes will be welcomed by developers and home buyers alike and I am confident that this revision in planning policy will allow house builders to better meet the needs of the UK's changing demographics," he remarks.