Statistics from the Auction Results and Analysis System (ARAS) reveal that a new wave of wealthy private investor is rising in numbers in the property investment market.
James Cannon, of newly-launched Mayfair–based auctions firm Cannon Capital, has said: “I’ve noticed there are a lot more women in sales rooms nowadays. In residential auctions, buyers have always been mixed and you get a lot of owner-occupiers, but in the commercial market this is a new trend.”
It appears that these female investors have often made their money in other sectors but are keen to get involved in the property market with their investment money. Some experts are putting the trend down to popularity of property TV shows such as Homes Under The Hammer, Property ladder and Location, Location, Location. These shows have bought property investment into the mainstream and exposed it to a wider audience, including women from other work sectors who may never have considered its benefits.
It is important though, whether you are male or female, you make sure that you are suited to the property market before you get involved. A lot of people took the leap during the last property boom only to find it was certainly not something they enjoyed.
