Brave investors could bag a bargain in the UK property market in 2009, according to the latest forecast.

A report by Propertyfinder.com suggests that the market will be dominated by professional buy-to-let investors and first-time buyers next year.

Prices are expected to continue falling, by around 12 per cent, but the website claimed that "the worst is already over"in terms of transactions.

Sensible buyers should be hunting for bargains in 2009 while the market provides good value, it stated.

In the rental market, landlords will continue to enjoy high tenancy demand, although the re-entry of first-time buyers to the market could see this slightly diminished.

All in all, rents are expected to "fall modestly"in the first-quarter of 2009 before recovering to record a slight growth by the end of the year.

This comes after Cluttons warned landlords in London to brace themselves for a fall in rental demand at the beginning of next year.ADNFCR-2002-ID-18938834-ADNFCR

Related posts:

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  3. London rental demand ‘will fall in 2009′
  4. Struggling first-time buyers ‘supporting buy-to-let sector’
  5. House buyers offered top incentives

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