Telegraph reports that the Home Counties will continue to be extremely sought-after, due to City bonuses and international buyers. Other strong areas include Oxfordshire, due to access to London and schooling; Gloucestershire, due to the beauty of the countryside and the pretty houses; Dorset, because of the shortage of supply over £3 million; and Hampshire because of commutability, quality houses and the existing wealth community.
Winners in 2010 will also include those with tidy rental portfolios. An undersupply of rentals in cities such as Manchester and Birmingham could drive rental values up by 10 per cent. Those who have dabbled in student accommodation (smart ensuites and studios rather than the old-fashioned digs we used to know), in the age of degrees for all, have done well. Student lettings have rewarded owners with 5 per cent increases in rental values for each of the past six years, and the year ahead promises the same.
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