First time buyers compete with buy to let investors
First time buyers compete with buy to let investors
After an eight month slowdown, house prices are rising faster than ever, particularly smaller homes at the lower end of the market. This has resulted in head to head competition between first time buyers anxious to secure their first home and investors wanting to capitalise on a good return on their money.
The property market can be volatile and unpredictable, but, in recent years, property has continued to perform well compared as against equities, gilts and investments, meaning that seasoned buy to let veterans are expanding their portfolios whilst there are large numbers of new investors coming to the market. Given the chronic housing shortage, the rental demand for smaller homes remains at an all-time high; and investors are taking advantage of this.
It is important to carry out research before you invest in bricks and mortar; you need to be sure about the property, the price, the area and ensure that you take expert advice on the right mortgage product for you. In addition, there are other considerations if you are looking to become a landlord.
« BACK
« BACK