#AskaUKPropertyExpert – Is now a good time to invest in UK property?
Hi, I would appreciate your view on whether it is still a good time to be investing in UK property?
Yes, certainly for South Africans because of the political uncertainty currently being experienced in the country. On Friday 31st March 2017, the rand lost 9% to the pound. Gordhan’s removal has been widely seen as a threat to the treasury as he stood in the way of the controversial nuclear deal and wasteful spending by Jacob Zuma. South Africans need to evaluate whether Brexit – a simple renegotiation of contracts with the UK’s biggest trading partner – is as detrimental as an imminent downgrade of South Africa’s credit rating?
If a potential investor is interested in UK investment property they should visit our guide on the best places to invest in UK property and our more detailed article on as South Africans, why you should invest in UK property today. With all the political turmoil that is happening at the moment with Zuma firing Gordhan, and the instability of the rand, investing overseas seems like a good strategy for those looking to safeguard their capital.
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Who is Arran Kerkvliet?
One Touch Property has been helping people invest in UK property for the past 8 years. Arran Kerkvliet, the investment director, is originally from South Africa and has a degree in Economics and property valuation. He is keen to share some of the common things to look out for before investing in UK property. His company sources a wide range of property including student accommodation investments, high yield property such as hotel rooms and buy-to-let investments for people looking for income producing investments and diversity to their property portfolio.