Property downturn ''means bargains'' - commercial mortgages

02 June 2008

In news which may interest those thinking of taking out commercial mortgages, it has been suggested that now is a good time for commercial property investment in the UK.

Bahrain-based Gulf Finance House (GFH) said UK property had been less attractive to some investors in the boom years because of the high prices, which the strongly performing market generated.

A report by the bank suggested that now will be a good time to invest before the market picks up again and values star to rise, commenting: "This correction in UK commercial property provides a buying opportunity for long-term investors."

It added: "But the market won''t stay cheap for long."

The firm has suggested that this recovery will start to emerge in the next six months.

Another who has said that the present is a good time for commercial property investment in Britain is Dolf de Roos, professor of real estate studies at the University of North Texas.

Expressing similar views to GFH, he said now is the best time in 15 years for such activity, propertywire.com reports.