{"id":4023177,"date":"2019-03-05T12:34:56","date_gmt":"2019-03-05T12:34:56","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=4023177"},"modified":"2023-10-10T13:35:16","modified_gmt":"2023-10-10T12:35:16","slug":"savills-report-reveals-fortune-favours-the-brave-in-the-uk-property-market","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/03\/05\/savills-report-reveals-fortune-favours-the-brave-in-the-uk-property-market\/","title":{"rendered":"Savills report reveals fortune favours the brave in the UK property market"},"content":{"rendered":"
The report<\/a> released by Savills on the 26th February, highlighted the fortunes of buyers over the past 15 years. Showing the importance of timing and location when it comes to the UK property investment<\/a> market. <\/strong><\/p>\n Using data from the Land Registry, the report revealed over half the buyers who sold property in England and Wales last year had purchased within the 15 year time-frame, with an average profit returned of \u00a373,127.<\/span><\/p>\n Surprisingly, those who profited the most (average of \u00a398,378) were the savvy investors were brave enough to invest post financial crisis in 2009. Largely against the backdrop of negative media sentiment and tough market conditions. Taking advantage of the favourable market conditions for active buyers. <\/span><\/p>\n The author of the report, Lucian Cook was quoted in the Financial Times, indicating that a 2009 purchase would have been \u201cmore luck than judgment\u201d. \u201cThe mortgage markets were locked up, but I also suspect some of this is about whether people were brave enough to do it and whether some people in 2009 had enough accumulated equity at that point to be able to make the move.\u201d<\/span><\/p><\/blockquote>\n Avg. Profits by regions over 5, 10 and 15 years.<\/b><\/p>\n