With the Property Market improving, 2014 looks set to be another good year for Buy-to-Let investors.
Mortgage levels are at their highest level since 2008. A recent Nationwide survey shows UK house prices up by 8.4% annually, (with a 7% increase for Northern Ireland), in 2013.
Although this is based on Nationwide’s own mortgage data and therefore is an incomplete picture, the current economic news is mostly positive.
We feel that this is very good time for investors to consider a Buy-to-Let property. Rental demand is strong and prices are still low enough for investors to achieve very attractive yields. As the sales market improves, investors will soon be able to contemplate some capital growth as well as great yields.
Most landlords who come to us have already done some research and have bought a successful rental property. However this is not always the case and investors can often get it wrong.
Whether you are first time investor, or an experienced landlord, we are happy to discuss potential rental properties with you.
Belvoir Lettings do not sell properties. We do however offer free, impartial advice on whether the property you want to buy will rent and at what price.
For more information, please call us, or pop into one of our offices for a chat.