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Investing in becoming a Buy to Let Landlord
Although there are inherent risks in being in the buy to let market recent indicators suggest that this might be a good time to become a buy to let landlord.
Interest rates remain low – latest indicators suggest that they will remain unchanged until at least mid-2016.
There are an increasing number of buy-to-let mortgage products on the market and the competitive marketplace is driving better finance deals for landlords.
Many experts are giving positive sentiment about property prices:-
A recent report from Rightmove suggests that prices have rebounded to an all-time high, fuelled by a shortage of property for sale.
The Royal Institute of Chartered Surveyors, have predicted that prices will rise 25% over the next five years
A director of house builder Taylor Wimpey says “a 15 year property boom, with no bust, is more than a distinct possibility”
Estimates from the Office for National Statistics indicate that the U.K. population will grow from 64.8 million to 67.2 million by 2020; and that national householders will increase by 1,327,000 in the next five years.
With first time buyers struggling to afford deposits and with tougher mortgage regulations preventing many new applicants getting on the housing ladder, the Private Rental Sector is primed to become an even more dominant presence in the housing market.
Housing Minister Brandon Lewis also indicated positive news for landlords when he recently stated “the last thing we will do is deter good landlords and investors by increasing red tape and unnecessary regulations such as rent controls, which is what the opposition were promising before the election.”
The latest HomeLet Index also showed that new rents rose in all regions of the UK in the three months to May, compared with the same period last year.
The Home Cloud provides a full range of lettings and sales services and gives landlords a totally transparent, value for money experience and complete peace of mind.
If you are thinking of investing in buy-to-let properties or are an existing landlord looking for a better, more cost effective service please call our experienced lettings team on 0118 327 1991 or email us at email@example.com