Buy-to-let investors may be eagerly anticipating the prospect of bagging a property bargain when prices reach rock bottom, but the seeds are being sown for another UK slump in 2020, analysts have claimed.

House prices across Britain are expected to reach their lowest next year, offering a host of buyers and investors the chance to re-enter the market on the cheap.

But according to the UK Housing Review, this could kick-start the cycle that will eventually lead to another crash in 15 to 20 years' time.

Highlighting the high number of cash buyers "queuing in the wings", one expert from Savills estate agents said this could have long-term effects on the market.

"All the bargain hunters could lead to the 2020s overheating,"said Yolande Barnes.

She added that property cycles are "almost inevitable", and generally arrive every 20 years or so.

According to estate agent Cluttons, investors and landlords in London could find some "fantastic opportunities"when house prices in the capital bottom out late next year.ADNFCR-2002-ID-18936346-ADNFCR

Related posts:

  1. UK ‘halfway through housing slump’
  2. Landlords take advantage of house price slump
  3. Property prices fall in Scotland
  4. Rising interest in UK property market
  5. Seasonal factors ‘boost UK property sales’

Leave a Reply

You must be logged in to post a comment.

HOME