It is interesting to see that according to recent figures* for every struggling first time buyer who can’t afford to get on to the housing ladder and is forced into rented accommodation, there is an equal amount of young investors eager to buy a property to let out.
“49% of 18-39 year olds believe that acquiring buy-to-let property represents the best investment option in the UK today” (Rentify 2015)
As the buy-to-let market continues at an extraordinary pace it is worth remembering that the Government are continually bringing in legislation that affects the private rented sector, therefore it is essential to get the advice from an ARLA agent to ensure as a new landlord you are compliant.
Buy-to-Let can be a fantastic investment opportunity but make sure you are fully aware of the market, legalities, obligations and risks by arranging a free consultation with us.
If you want to discuss a potential investment property and rental returns in our area please do give us a call and we will be happy to advise you.
Michael Clarke, MARLA, 01252 514000, firstname.lastname@example.org
*Source Property Drum http://bit.ly/1Vt4Mlv