Buy-to-Let is an increasingly popular area for investment in the UK
Buy-to-Let is an increasingly popular area for investment in the UK and this is borne out by our own experience here at Belvoir Shrewsbury. It’s certainly not an easy option but it can be an extremely rewarding one and the team at Belvoir have a reputation for giving expert, fair and balanced advice and they are here to help guide our new and existing landlords through the buy-to-let process.
Last year in the UK as a whole, 15% of all privately owned property was let (1.4m people who own property with a mortgage let it for income). Low interest rates, rent increases and recovering house prices have made the last few years very profitable indeed for many landlords. Over the last 18 years, since buy-to-let loans were launched, a typical investment in residential buy-to-let yielded an 5% return per year.
Shrewsbury is an area with strong tenant demand, and increasingly, landlords are investing in newly built, two to three bedroom properties favoured by reliable, young professional tenants, who rent while saving to buy.
At Belvoir Shrewsbury our Director Paul and his experienced team are looking at ways to boost investor buy-to-let returns, by considering a number of purchasing approaches. So if you're interested in discussing and discovering more about our exciting ideas, please contact Paul on 01743 242000, the sooner the better.