Thursday, 15 July 2010

Buy-to-let – still a good investment

Now is the best time in years in which to purchase a buy-to-let property.

With increasing numbers of people choosing to rent rather than buy and the level of demand pushing rents higher, a buy-to-let property is a fantastic long-term investment.

With the shortage of rental properties and increased demand, a buy-to-let property is a great investment.

Many potential landlords were put off buying properties to rent because of fears around a predicted huge increase in capital gains tax.

These have been unfounded and although capital gains tax has increased from 18 to 28 per cent it has not been enough to put people off and with rental yields higher than ever, many new landlords are already reaping the benefits of a buoyant rental market.

Buy-to-let property has proven lucrative for thousands of investors over the years and now is a good time to invest.

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