Coutts & Co. Property Market Summary – June 2013

Coutts & Co. Property Market Summary – June 2013

9:04 AM, 28th June 2013, About 9 years ago

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Coutts & Co. Property Market Summary - June 2013Have you ever wondered what the advice of bankers to the Royal family might be? 

From time to time Coutts & Co. share their market analysis reports with their customers and this month they are looking at the UK property market.

I was invited to bank with Coutts & Co. in 2003 and as I result I receive these reports, this one is well worth sharing with Property118 readers I believe.

If you would like to download a copy, please complete the form at the bottom of this article. In the meantime, the following is a snapshot of what the report says.

  • House prices could rise by 8% per annum
  • Already-high prices depend on cheap funding for more gains
  • Population growing four times as fast as housing stock
  • High deposits keep would-be first-time buyers renting
  • Growing number of renting households supports market
  • Rental income is capped by affordability; vulnerable to economic weakness
  • Low rates exacerbate investment traps

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