With house prices falling in a number of global locations, the UK property market has been bucking the trend. How much longer will this “economic miracle” continue.

Indeed, wading through the plethora of housing statistics that are produced by a diverse set of UK organisations, it’s clear that UK property prices have been rising for more than a decade. In the past year alone, the average price of a UK property has risen in value by around 10%.

This property boom has been driven by a number of factors – the UK has historically low unemployment figures, with interest rates having been at low levels for much of the past ten years.

The cost of borrowing has been low, while banks, building societies and other mortgage lenders have all been keen to lend money to potential home-owners.

The property market has also seen a transition – gone are the days when the majority of buyers were simply looking for a home. Now, everyone’s looking for an investment.

Such has been the performance of the UK property market that some have even started to look at property as a means of providing for their pensions. Across the country people are snapping up properties and then renting them out.

The plan is to make money from the rental incomes, while also seeing the properties rise in value. The buy-to-let phenomenon has arrived and has been keeping the market buoyant.

Recent months have seen some warning signs appear. Darker clouds hover, in the shape of rising interest rates.

As the UK has developed a debt culture, inflation has started to rise and economists are keen to see it kept under control. The result has been some sharp increases in interest rates.

All of a sudden, the cost of borrowing is rising. Making a profit from buy-to-let, at least in the short-term, could become more difficult. There is even hushed talk of a house price crash, last witnessed almost 20 years ago.

The future of the UK property market looks far less certain.

Huge German investment has seen our commercial property market back on steady ground in recent weeks. The German investors clearly feel now is the right time to buy up our cut price property as is the emerging trend from many Middle Eastern investors. Many middle eastern investors have pounced on the low market and are investing in commercial property with long leases and good tenants. UK investors may be set to follow suite and snap up property bargains, before foreign funds gain a dominancy over the commercial property spectrum.

The UK has seen a sharp fall in property yields due to overvaluation and the availability of cheap debt. UK capital values have dropped by over 15% to date, according to Philip Ingram of financial management advisory company Merrill Lynch. For some of the best available London commercial property it is worth going through a reputable specialist who can help you find the best available deals. Property in London is a buoyant marketplace as interest does not tend to be as strongly affected as other area in the UK. Commercial property bargains can still be found on the market however, without the help of experts you will find it hard to locate the kind of property you want or on the rental side the kind of lease that is best suited to you. London based RIB combines 40 years of industry experience and specialist knowledge to seek out the hottest properties in the marketplace. Using their dedicated and experienced team of property professionals you can find your search for the right commercial property is as stress free as possible.