Big jump in house price confidence says Worldwide Property Group
Figures from the Worldwide Property Group have revealed a big jump in house price confidence during December.

The company’s monthly confidence tracker survey shows that more people now expect prices to rise than at any time since the survey was introduced in July 2009.

A huge 68 percent of those questioned say that they expect house prices to rise over the next 12 months compared to just 57 percent in November. Interestingly, one in five of these expect the rise to potentially be as high as 10 percent.

When asked if they are benefiting from the current record low level of interest rates, 69 percent said yes. This again is the highest number since the survey began.

66 percent said that they are considering purchasing a property overseas, also the highest figure since the survey began and an increase of 21 percent on last month.

Commenting on the results Kevin Wilkes, managing director of the Worldwide Property Group said: “This just goes to show that people are getting on with their lives and putting economic fears behind them.

“We have seen a dramatic increase in enquiries over the last six weeks, and with the optimism that a new year brings we have no reason to believe that this will not continue.

“This survey clearly demonstrates the underestimated resilience of the property market with 82 percent saying that property still offers the best investment potential of any investment.

Agent adds rental department to its property
portfolio to assist Fly to Let investors
Brazilian Homes is launching a new Brazil rental property department to help its clients take advantage of the increase in tourism.

In the first six months of 2009 there was a 23,13 percent growth in domestic flight departures compared to 2008 and when figures for the whole year are collated the flight departures figure is expected to have reached 52 million; a new record in the Brazilian travel industry.

Brazilian Homes senior partner Alexander Wasastjerna, said: “As a result of the growing Brazilian tourism market, we decided to start offering rental properties as part of our Brazilian property portfolio.

“We have many clients who have purchased properties in Brazilian hotspots through our company and we want to help our clients generate healthy rental returns for their property investment.

“We are fully booked already for January to March. Over 90 percent of our bookings are coming from Brazilian tourists from the bigger cities further south in Brazil, and the rest is from foreign tourists who prefer to rent an apartment rather than booking into a hotel.

Brazilian Homes scooped the International property Award for “Best Estate
Agency Website” in the Americas region in 2009.

Northern Cyprus touted as ideal location for
Fly to Let investors who still have a desire to buy
Although some Fly to Let investors have seen themselves priced out of some property hotspots, or simply do not have the levels of funds now required, they have not lost the desire to buy overseas.

The worldwide economic climate combined with the effects of the euro on sterling means property investment in the usual haunts is still prohibitive, cost wise, despite special offers and reductions from developers and overstretched buyers.

One agent claims North Cyprus is one of the last few remaining places where property buyers and investors can still buy in a good location for an extremely low cost.

Property Sun Turkey has teamed up with one of the country’s developers to market properties on the island through attractive financial purchase packages.

The company is also offering a full rental management service along with UK support from its London headquarters through the buying process and beyond.

Majority of travellers undeterred by airport body scanners
Two thirds of travellers are in favour of plans to install body scanners in airports, according to the latest poll on travel search site Skyscanner (www.Skyscanner.net).

66 percent voted that airport scanners were a good idea as they would speed up security checks and improve security, whilst 30 percent said that they disapproved, largely on health and privacy grounds.

The Transportation Security Administration (TSA) say the technology is harmless, and that the amount of radiation produced is minimal, equating to what a person would naturally receive in just two minutes of flying on an airplane.

Trials with the body scanners are already taking place in some airports and train stations across Europe and the US, including Manchester Airport in the UK.

The technology blurs facial details ensuring that passengers cannot be recognised and images are viewed by staff in walled-off rooms. Passengers who prefer not to be scanned will be able to opt for the traditional pat down check instead.

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