The Facts

There is a shortage of 4 million homes in the UK

Property prices double every 7 to 10 years

• The property market has created more millionaires than any other investment vehicle.
• Since 1956 the compounded average annual increase in house prices has been 8.5%. This means that if you bought a house 50 years ago for £10,000 it would now be worth more than £590,000.
• A recent Housing Figures study predicts that house price will grow from £101,161 to £300,643 by 2020. This represents a 297% increase in the value of your property.
• The Department of Records states that property has risen in 28 of the last 32 years and fallen in only 4.
• House building is at it lowest since 1924 and the gap between supply and demand increases by 60,000 each year.
• There is currently a shortage of 4 million homes in the UK and the population is expected to increase by 10% by 2030.
• The Office of National Statistics states that rents have risen on average by 13% per year since 1962.
• The rental market is expected to grow by 40% by 2012 due to escalating house prices pushing buyers out of the market.
• The UK buy-to-let property market now represents only 11% of the housing market. ARLA predicts that this figure will rise to 20% by 2020.