Profit from property investment

We have never had it so good! Well almost, recent data on the total performance of returns from property has shown that in the last quarter of 2009 total returns from property leapt to 10%. Just let me repeat that property returns 10%, considering where interest rates are there are not many investors who will complain about returns of 10%. The data showed that it was in fact the second highest rise since 1978. Yes that?s right property is performing at its near best since 1978!
Well that is the positive news, of course the usual caveats apply, it only reflexes one quarter?s results so over the more medium term the figures could show a very different picture. With rumours of no double dip being whispered in the city many will start to look for new doom and interest rates are a fare bet.
The increase in the Bank of England?s base rate will of course have a pretty devastating affect on the fragile UK property market. So this time next year what will we are saying about the decisions on interest rates that are the discussion of many back offices in the city?