WHY INVEST IN PROPERTY?

Since the introduction of the buy-to-let mortgage product many people in the United Kingdom have built successful property portfolios producing huge profits and in many cases have become equity millionaires.

Although the rapid rise since the turn of the millennium has now settled, solid and steady growth can still be achieved within the frame work of a stable and robust housing market.

Low interest rates have helped to fuel the successful property growth that has been experienced recently and the low interest rate is expected to continue for the short to mid-term.

The advantage of investing in the United Kingdom as opposed to other foreign markets is the low deposit required for the average buy-to-let mortgage which is currently 15%, and with some specialist lenders this can come down to as low as 10% which means you can start off with very little capital outlay.

The other main advantage of investing at home is that we live in a very stable country as opposed to other investment areas such as Eastern Europe, North Africa and the Middle East which in terms of development they are still in their infancy and have got a long way to go and present a far greater risk

As property values become more expensive it becomes almost impossible for first time buyers to get a foot on the property ladder. This, in turn, creates a very healthy rental market and should ensure that rented accommodation remains in high demand for the long term.

Property values will continue to grow and demand will continue to outstrip supply because of several factors, i.e,  more and more people are living alone, the divorce rate is rising, people are living longer and immigration is rising rapidly.