Investor confidence remains

Property investors remain confident about the state of the UK housing market.

That is according to the organisers of the Homebuyer and Property Investor Show, who said that investors turned out in force for the event.

A number of firms have reported making a large number of sales at the show and the general attitude appeared to be one of optimism in the market.

The show included a lively debate about the housing market and Richard Bowser, editor of Property Investor News, said that those who attended appeared to very optimistic.

"At the end of a fairly intensive debate which lasted for almost two hours, a poll was taken from the audience. 60 per cent then indicated that they intend to buy more property in 2008," he revealed.

"40 per cent said they were intending to hold, with not one single investor intending to sell in 2008.

"In light of the sharp downturn in stock market values and the turmoil in the financial markets, this was a genuine vote of confidence from those who are directly investing in property and who clearly consider 2008 to be a year of investment opportunity," added Mr Bowser.

The latest Land Registry figures put house price growth in January at 0.9 per cent.

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