IFA optimism on property hits two-year high

Of 258 UK-based IFAs who took part in the survey 68% expect the commercial property sector to recover before the end of 2010. Six in 10 respondents questioned in October said they expect property prices to increase over the next 12 months - compared to 24% in July. The survey goes on to suggest that just over one in 10 advisers believe commercial property prices will fall in the next 12 months, compared to 40% in July. A minority of advisers are even more upbeat, with 12% expecting the property sector to recover this year. The research represents a dramatic turnaround from two...