Don’t fall foul of shares, warns Persimmon

The uncertainty of the global economy has left many investors thinking long and hard about their shares and whether to cash in or hold fire.

With this unpredictability rife, investors in the North West are being encouraged to plough their money into something that has almost guaranteed long term financial gain – bricks and mortar.

Persimmon Homes North West – one of the UK’s leading house builders acknowledges that 2008 has been one of the worst starts of the economic year for more than 60 years.

Although average house prices across the UK have fallen, in the North West they went up, with sound economic fundamentals and lower interest rates predicted to support house prices in 2008. This encouraging news is music to the ears of those looking to buy or invest this year and Persimmon has a range of property choices to suit a wealth of different budgets.

Throughout the North West there are homes and apartments that would make ideal investment pads which start from as little as £87,995 for a one bedroom apartment in Kirkby to £129,995 for a two bedroom apartment in Baguley up to £139,995 for a one bedroom apartment in Heaton Moor.

Steve Armitage, sales director for Persimmon Homes North West, said: “There’s no denying that for many people who have money tied up in shares it’s going to be a somewhat unstable year and that’s why people should look to property to reap the benefits.

“There continues to be a strong rental market, so by establishing or building up a property portfolio, the long term gains are sure to be a strong competitor to the value of shares.”

For more information on Persimmon’s range of homes across the region, visit Persimmonhomes.com.