With interest rates at an all-time low and first time buyers, builders and developers back in the market, what was once a buyers' market has shifted to a sellers' market and it seems investors have noticed.
(1888PressRelease) May 24, 2013 - So far in 2013, healthy competition has developed between investors, all keen to take advantage of the returns to be made by letting property in our area. The number of people living in private rental accommodation has risen by 61%* over the last ten years, resulting in the average rental income also rising at a rate of 6%* a year. In the South East landlords can expect to see a yield of up to 6.7%. *
This year, one in four of our property sales have been to investors. In order to differentiate themselves from the competition and make the most out of their investment, first time landlords and seasoned investors alike are paying premiums for specialist investor's advice from consultants and seminars.
"It is no surprise to me that investors are going to great lengths to get the best advice, after all for most of us buying property is one of our most significant purchases and one that can seem confusing," commented Peter Fuller, Managing Director, Romans Lettings.
"When you are not buying a property for yourself, it is difficult to know where to begin. You need to ask yourself many questions, for example, what type of tenant are you looking to attract? Where is the best place to invest, not only what town but what street? I've seen many investors that are so wary of making the wrong decision that they end up not making one at all.
"It is important to get the best advice when planning substantial investments and it still surprises me that people are not aware of the service we provide, for free.
At Romans, our Investors Choice service identifies and recommends the best investment opportunities available on the market, based on your specific criteria, such as local area, costs, and types of properties - from refurbishment to new build. You'll be one of the very first to hear about newly available investment buys - and that means you'll have the pick of the bunch.
We offer this advice and guidance for free and we know our local areas better than anyone. We can point out the right roads to invest in to get not only the best yield but to attract the most suitable tenant for you. We also have our sales, lettings, mortgage and other property services all under one roof available to advise you on every part of the process."
Our investor team can search the market to help you find a property that suits you. Call 01344 753 097.