With something of a revival of the economy and the property market over the last 12 to 18 months, interest is once again being focussed on property investments.
The consequence is that with just three weeks to go before the UK’s premier Property Investor and Homebuyer Show opens its doors at the London Excel Centre; the event looks set to sell out of stand and exhibition space, despite adding more square footage.
The show and exhibition, now in its 14th year, will be held on Friday 17 April and Saturday 18 April at ExCeL London docklands venue. This is a bi-annual event also held each October.
Nick Clark, Managing Director of organiser, Property Investor Media, said:
“The show is designed to be around 15% up on last year. With three weeks to go we expect to fill all the space on the floor plan – and will probably have to turn a few late enquiries away.
“Since 2011 we have seen clear evidence of recovering confidence – and 2014 moved that confidence level up several notches.”
The show, which will be open from 10am each day, attracts private residential buyers of UK and international property, portfolio landlords from the UK and abroad, plus a broad spectrum of industry professionals, including estate agents & developers.
Last year both events attracted around 5,000 visitors, but this year looks to be even busier, with higher year-on-year visitor pre-registrations and more exhibitors, both shows are expecting a rise in attendance.
In addition to real estate, other sectors represented at the show will include landlord and investor services, property finance, crowd-funding, student and hotel rooms, luxury international resorts and foreign exchange.
Nick Clark added:
“In the UK market the ‘traditional’ buy to let houses and student accommodation remain the most active sectors. Not so much emerging – but the range of new student investments coming to market shows no signs of abating. One interesting product we have seen emerge over the last year is ‘Life Tenancy Investment’ – certainly one for the long-term investor.
“A trend we have noticed does not involve product per se – but location. An increasing number of companies promoting property in the North of England have realised that their proposition of lower capital investment and higher rental yields (compared to London) provide a competitive advantage that our largely South East-based investors will find attractive.”
The focus on finance continues to increase with more lenders booking stands at the show, with buy-to-let mortgage lenders and bridging, refurbishment and auction specialists growing in numbers.
“We have a number of regular clients who offer investment advice and mentoring services and their feedback speaks of increasing interest in their services from show visitors in the novice category. We shouldn’t forget that there is a large group of novice investors who were school/university leavers in 2007 who are now in their mid-late 20s and keen to get involved in property for the first time.”
Another factor this year is the UK pension reform legislation, which comes into effect at the start of April, and looks like resulting in increased interest in commercial investments through SIPPs – and specialists exhibiting at the show.
Mr Clark Said:
“As long as interest rates remain at levels insufficient to generate ‘real’ growth on cash it seems inevitable that a number of those who are able will look to move funds into buy-to-let investments outside of their pensions. While some will invest in the conventional way, we’d expect a group with smaller capital sums available to look at suitable alternatives, for example, crowd-funded investments.
“Areas of visitor interest haven’t changed that much since pre-2007. Perhaps the one thing that has is the growing reservoir of potential investors who would like to become actual investors just as soon as someone will lend them the money to get started. While credit remains constrained we anticipate that crowd funded propositions and others that require relatively smaller amounts of capital will prove popular.”
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