fbpx

Castle Trust predicts Housa growth

Ryan Fowler

March 26, 2014

During the Budget the OBR forecast that house prices will rise by 8.6% in 2014, 7.4% in 2015, 4.3% in 2016 and 3.7% in 2017 and 2018.

This would equate to an increase of 30.8% over five years.

The 5-year Growth Housa product from Castle Trust promises 150% of any growth in the Halifax House Price Index.

Sean Oldfield, chief executive officer of Castle Trust, said: “There is a firm and positive market consensus emerging on the prospects for house price inflation, and if the OBRs predictions are correct, investors in our range of Housa products will enjoy some tremendous returns.

“We’re currently experiencing record demand for our investment products as the market wakes up to the fact that we offer the only way for retail investors to secure returns which promise to track or outperform national house prices.”

Housas qualify as ISAs, Junior ISAs and SIPPs, and investments start from £1,000 in Protected, Growth or Income formats.

The Income Housa, available for 3, 5 and 10-year terms, has delivered capital growth of 11.2% in addition to an annual income of between 2% and 3%.

The Protected Housa accrued 3.1% in value during its first month alone.

Since launching in October 2012, Growth Housas have delivered 5-year growth of 16.8% and 10-year of 19.0%.

If the Halifax House Price Index falls over the period the initial investment is preserved and returned to the investor.


Sign up to our daily email