A recent new story has confirmed what all of us in the industry have known for a while, putting your money into a buy to let property will offer you the best return!
Analysis confirms that compared to UK commercial property, equities, UK government bonds and cash “Buy to let investments have outperformed all other mainstream investments over the past 18 years” and that this pattern is set to continue over the next 10 years.
The most profitable investments prove to be those properties which are purchased with a 75% loan to value, interest only mortgage, therefore if you have the cash available to purchase a property outright, you should consider purchasing multiple properties with a mortgage, allowing you to spread your money over several investments and benefit from capital appreciation on numerous properties instead of just the one.
Of course, ensuring that you invest in the correct properties will have a huge impact on your ability to achieve great returns and property is not a failsafe option. It is vital that you choose which property to purchase wisely and that you consider the area, the on-going maintenance cost and how desirable the property will be to potential tenants.
If you are considering investing in property and would like informal, no obligation help and advice with property selection please contact James Whalley on 01606 783599 or james.whalley@belvoirlettings.com
