This is according to the latest Worldwide Property Group confidence tracker survey. Of those questioned, 64% said that they are benefiting from the continuing low level of interest rates. Interestingly, 71% said that the current level of rates had increased their desire to purchase a property, making this the highest figure since the survey began in August 2009.
This increased desire has also demonstrated that confidence in property has once again reached its highest level since April. In the September confidence tracker survey, a huge 86% of respondents said that now is a good time to buy a property in the UK.
In addition, 73% are of the opinion that this is also good time to buy a property overseas; again the highest level since April, with 68% actively considering buying a foreign property.
Of the regions that are of most interest, the United States, Caribbean and Brazil were still top of the list closely followed by more traditional European countries such as Spain and France, Italy and Portugal also ranked highly.
Commenting on the figures, Kevin Wilkes, managing director of the Worldwide Property Group said: “The results of this survey make for very positive reading. I am delighted to see that confidence in property both in the UK and overseas has reached such a high level.
“It is also very interesting to see that with all the fantastic opportunities currently available around the world, it is still the more traditional markets that draw the most interest. This is valuable information as it enables us to offer exactly what our clients want.”
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