Commercial mortgage news: Investors opting for UK properties

07 October 2010

Written by Steve Olejnik

Those with a commercial mortgage may be interested to hear that investors are increasingly opting to spend their money on property in the UK.

Simon Rubinsohn, chief economist at the Royal Institution of Chartered Surveyors (Rics), described how people seem less interested in the international field.

He explained how that when the market is weak, individuals often pull out of overseas investments first and concentrate on commercial property closer to home.

"People tend to retreat; they tend to invest in things they know about and perhaps they feel more confident [about] and believe there is more substance to," Mr Rubinsohn stated.

One area that appears to be gaining much of the attention is London, the expert noted, as this is seen as appealing due to its "pivotal" place in world finance.

In 2009 and the first half of 2010, the capital captured 27 per cent of all cross-regional global property investment, according to a recent report by CB Richard Ellis.

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