According to figures released from the Worldwide Property Group, confidence amongst property investors has risen for the third month in a row.

The company’s survey revealed that 88% of respondents believe now is a good time to invest in UK property compared to 87% in October and 85% in September, clearly indicating that improvements in the UK property market are continuing despite ongoing economic difficulties.

Prices are expected to rise by over +5% in the next 12 months according to 23% of respondents compared to 14% from October, whilst two thirds state they are benefiting from the current low level of interest rates with 60% of those stating that this has increased their desire to purchase property.

Kevin Wilkes, Worldwide Property Group’s managing director, said: “The results of this survey once again show the resilience of the property market. With dreadful savings rates and continuing stock market volatility, investors are still turning to bricks and mortar as a safe place in which to invest their hard earned money. I see no reason why this will not continue throughout 2010 and beyond.”