After witnessing a strong first 6 months, Squires House Properties has continued its aggressive acquisition programme. Owners of investment property have continued to seek to sell despite the low interest rates obtainable on the cash proceeds. Sellers are taking advantage of current high prices generally obtainable with the general consensus being that residential property prices have possibly peaked well before the general election. While it is anticipated that interest rate rises will begin to affect property prices during the early part of 2015, Squires House continues to actively seek out good investment propositions in London and the South East of England while maintaining an interest in purchasing properties in other UK regions. Recent acquisitions have included portfolios in London, Kent, Berkshire, Leicester and Manchester bringing the number of individual property transactions for the current year to 74. The management has ample cash reserves set aside for an aggressive and sustained acquisition programme for portfolios of residential properties across the UK to include blocks of flats let on assured shorthold tenancies and single units let on long term protected tenancies, governed by the Fair Rent Officer.
