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Strong growth in the purpose-built student accommodation is set to continue. With student numbers increasing from both home and overseas and a lack of supply to accommodate them, the demand for high quality purpose-built accommodation has never been higher.


The demand vs. supply ratio will clearly differ from town to town and city to city depending on the maturity of the existing market and the location and price of the existing supply. Cities such as London, Birmingham and Manchester continue to need more supply and are magnets for investors but there also excellent opportunities to be had in places like Brighton, Bournemouth and Bath where the student numbers exceed the property that is available.


Outperforming ISAs, Equities and Bonds


Increasingly students are looking for quality accommodation that comes with all the benefits of professional management, good internet connectivity, rents that are inclusive of bills and an environment that is safe, secure and close to the campus. This is where the main investment opportunities lie and where some of the best returns can be gained.


Even though the student property investment market is becoming more saturated and competitive with the influx of overseas investors, the yields are still greater than your average buy-to-let investment and continues to outperform other investment options such as ISAs, equities and bonds.


Demand for student accommodation at record levels


The only potential spanner in the works is the impact of political change. Factors such as the EU Referendum and the rhetoric around migration could potentially affect numbers of international students in the future and creates a degree of uncertainty. Nobody can really predict what pulling out of Europe would mean for Britain’s universities or whether this would increase university costs for international students.


However, the fact remains that students play a big part in the economies of our towns and cities and they have a significant impact on local housing markets. At the moment the demand for purpose-built student accommodation is at record levels and savvy investors are taking advantage now.


Regards


James (www.citycentreinvestments.co.uk)



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I am working with a developer that is offering 10% assured returns for 10 years. 


Buy-back option on year 10 of 125%.


This is a great opportunity, please feel free to get in contact.


Liam

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Investing in foreclosure properties is a popular way for investors to leverage real estate assets for higher profit. There are two to three ways in which to buy foreclosure properties. The first way is to purchase it from a sheriff’s auction. This would be in a judicial state where the foreclosure is done through the court system. The second way is directly from a lender whose foreclosed and taken ownership of that property. The third way to purchase is from a lender’s representative. This would be in a non-judicial state where it goes through a trustee. These cases are usually done by law firms that auction off the properties.

As an investor it’s important to understand what your property rights position is relative to a foreclosure. At a foreclosure auction, that auction process may wipe out some encumbrances on the property, but it may not wipe out all of them. For example, tax liens or government liens typically survive most types of foreclosures, but a second mortgage line of credit or even a credit card judgment may not.

When bidding at foreclosure auctions, it’s a pretty common mistake for investors to bid on a second mortgage when, unknowingly, the first mortgage is still in place. Then, that first mortgage becomes the obligation of the investor. That’s why understanding which claims against a property exist at the time of the auction and which claims will be extinguished by that auction process is important. These are things you’ll want to look at in your own particular county and state because the law regarding them varies by location. There are usually statutes that describe which items will survive a foreclosure and which won’t.

The second option of buying a foreclosure is directly through the lender who has foreclosed and owns that property. The lender may have the property listed with a realtor, an REO department, or a short sale department. Whatever the case, dealing with a lender typically gives you a couple advantages. First of all, they may have done some rehab on the property. Secondly, you probably have some time to inspect the property, as is opposed to buying at auction where you typically can’t look inside. However, with those advantages comes a higher price point. Usually, because the property is more appealing, investors bid more for it. Also, if it’s a straight sale the lender will probably price it higher because they’ve incurred some expenses from those additional services.

The third option is buying a foreclosure through a non-judicial state where a trustee is holding the auction. Typically, in these cases, you may have some access to the property because it is a private sale. You also may have different payment terms, which is another very important aspect to look at. Sometimes a sheriff’s sale requires a cashier’s check in the full amount within 24 hours which means having the funds ready to go at a moment’s notice. Other times a 10 percent cashier’s check is required at the time of the sale and 30 days are allotted to pay the rest. Typically there are no contingencies on these purchases, meaning once someone has bid on the property, there is no way to get out of it. It doesn’t matter if there are liens on the property or it has extreme water damage inside. It is an as is sale.

Performing a good amount of due diligence and knowing the risks of buying a foreclosure property is key. It is an excellent way to purchase a property for 10, 15, or 20 percent less than the typical market value and save on closing costs. Instead of spending thousands of dollars on closing costs you may only want to spend a couple hundred on some due diligence, title research, or inspections and be ahead of the game versus somebody who is buying it retail through the MLS system.

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House prices in Italy fell by an average of 5.6% last year, compared with a fall of 2.8% in 2012, according to the national statistics institute ISTAT.

There was a 2.4% fall in new home prices, compared with a 2.2% rise in 2012. However, price falls for existing homes was more severe, down 7.1% last year compared to a drop of 4.9% in 2012. This means existing house prices have fallen by 11.7% over the past two years.

However, the property price falls look set to continue as the Italian jobless rate hit a record high of 13% in February, the highest rate since records began in 1977. Last year the number of employed people in Italy fell by 478,000, making it the worst year since the economic crisis began in 2008, according to Istat.

Italy now has the 8th highest jobless rate out of the 28 EU countries, and is well above the 10.6% average unemployment rate in the EU.

This high unemployment rate is despite the fact that Italian workers are flocking to the UK in record numbers with more than 44,000 Italians registering to work in the UK last year, a rise of 66% compared to 2012. Many of the movers are under-26 as the jobless rate in that age category is now over 42% in Italy.