It’s a good time to be buying more investment property
Figures are good for buyers making their first investment or for current buy-to-let investors.
Although the news is filled with property woes at the moment, with the UK economy being in some turmoil in the light of the economic downturn it seems that buy-to-let is the best option for investors.
Financial website This is Money have this month issued some tips for investors wanting to put their money into property during this difficult time suggesting that there remains to be an interest in property even with some of the negativity seen after the demise of the 2007 property boom.
Earlier this ARLA stated that 55 percent of letting agents believed that the demand for rental property is outstripping the supply portraying that the buy-to-let market is set to be one of the more successful business ventures this year.
Whether you are already an investor or are looking to get into the property investment business, now is the perfect time to do so as housing prices are low and are set to begin rising over the next couple of years. Putting time and money into the right properties and locations at the right time means that buy-to-let investment can be very financially rewarding for the buyer with a rental income covering the cost of both the mortgage and maintenance.
Read the full story at Landlord Expert