Healthy returns forecast on buy-to-let properties
With interest rates at rock bottom, one of the best ways of making profit on a nest egg is to look to the buy-to-let property market.Competitive mortgage rates, increased demand for cheaper properties at the lower end of the market and falling house prices have become attractive propositions for potential new landlords.
Buying property to let is an excellent investment. You can now get yields in excess of 6%, and in some cases up to 8% and 9%, which is more than you would get from investing in a savings scheme. For example, a property worth £100,000 would provide a yield of 6.6% if you charged rent at £550 per month over a 12-month period. It is certainly a great way of capitalising on the current downturn - if you have funds to invest.
Investing in a buy-to-let property can potentially provide landlords with much higher returns than traditional forms of investment. However, to get the best yields, investors will need to use an experienced agent like ours, which is fully insured so the landlord’s interests will always be protected. We also know the local rental market, which ensures investors who are looking to buy a property, will purchase one that is in demand.
haart is a member of the Association of Residential Lettings Agents (ARLA), offering peace and mind to tenants and landlords alike.
Labels: haart, letting agent, lettings, lettings agencies
posted by blogger @ 10:32
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