With a shortage of new homes being built and interest rates levelling, there has perhaps never been a better time to invest in a property with a view to letting it.
The market opportunity is huge. Mortgages are increasingly hard to obtain for buyers unless their creditworthiness is impeccable, they are able to pass increasingly hard “stress” tests, and have saved a significant deposit (few have). Additionally, renting has over the past decade become an acceptable way to live.
One thing is sure – if you put your money in a bank or similar “safe-haven” your return is likely to be minimal. So why not use it to invest in a buy-to-let property?
We often work with people who are in the process of buying such a property – and can often have a credit-checked tenant lined up before the buyer even completes the purchase!
With the age of the average first time buyer now in their mid-thirties, and more young people going to university than ever before (which always supports sustainable rental values), the rental market looks to be an excellent long-term opportunity to the savvy investor.
If you have a good credit-rating and perhaps around £50,000 to invest, buying a buy-to-let property now (and letting us manage it for you of course) might just prove to be an excellent long-term investment.
Some of our landlord clients started with us with just one property and have built (with our help) significant portfolios.
Worth a thought! Why not call us on 01322 228090 to find out how we can help with your long-term investment plans.