Before you make any decision about investing in property you should find out as much as you can. You can research the potential pros and cons on your own, or take advice. You’ll also want to look at whether a different type of investment might better suit your goals.
We have a large selection of investment properties with a price range from £40,000 to £500,000. Most of the properties come already tenanted with Contracts and Licenses in place were needed.
We can also arrange management and in most cases guarantee the first 1-2 years rent. If you wish to discuss any aspect of the properties or investment market please call Nick Beach or contact us here and we will get back to you as soon as possible. Alternatively, you can call our office on 01482 651555.
Why Invest in Property?
The property business is a financially rewarding and exciting business. It can produce a consistent income, even once you have retired. Historically, property prices have been on a strong upward trend since the 1970’s despite some volatility during the recession and credit crunch . New research has revealed that houses prices have grown faster in the UK than any other Europeans country. In fact, since 1988 house prices have gone up by a staggering 333%. This represents an average rise of 12.3% per year. Many home owners have benefited from the rising housing market and have seen their property increasing in value over the years. No wonder property investment is now seen by many as the best way to provide long term financial security.
Why should you invest in property NOW
1. House prices will carry on increasing.
The UK still has a serious shortage of housing caused by a number of social and demographic factors. Unlike other European countries, our population is expanding significantly and it is predicted to reach 70 millions by 2020 compared to 63.7 millions today. More people living in the UK means that the demand for housing will carry on increasing therefore driving up the price of property for the foreseeable future. According to the Office of National Statistics there will be an annual shortfall of housing in the UK of over 100,000 properties each year for the next decade. This could mean a 1 million housing shortfall by 2025 if current trends continue.
2. High rental demand, high rental returns.
A number of factors have combined to push up rental demand including an increase in immigration, more people living alone and rising house prices stopping first time buyer onto the ladder. This is excellent news for landlords who are finding that their Buy to Let properties are being let extremely quickly while their rental income keeps increasing.
3. Low interest rates
Interest rates have been at an all time low for 6 years making borrowing increasingly cheaper. With mortgage payments currently at their lowest, and ever increasing monthly rent, landlords are enjoying significantly higher rental income making it an ideal time to invest in the property market in the UK.