THE lull in the property market does bring real opportunities for buy-to-let investors, especially those see their properties as a long-term investment.
Low interest rates and a squeeze on pensions means many people are still tempted to invest their money in property which could be a shrewd decision when considering the findings in the latest survey from RICS, the Royal Institution of Chartered Surveyors. This survey revealed that a drop in the number of properties being bought meant pressure on the buy-to-let market with an increase in demand from tenants.
Experts like the team at Nigel Davis Property Services, the Wellingborough-based independent letting specialists, believe by following the right advice there are opportunities in the local market.
Carl Davis, a partner at Nigel Davis Property Services, said: “It is understandable that some people are not prepared to invest in buy-to-let property but year on year there is still money to be made in bricks and mortar.
“It is important that people understand the commitment of investing in a property and recognise that it is not necessarily for the short-term but there are opportunities for those who want to see their money grow over years rather than months.”
The survey reveals that while demand is not at 2016 levels it is in the buy-to-let sector where money can still be made with demand for good-quality homes.
Carl said: “This is positive news for landlords who may be wary of growing their portfolio or taking their first steps into the market.
“We are able to give landlords support and advice to ensure they are meeting all their responsibilities. This can not only save them time and money but real peace of mind.
“We are able to assist throughout the whole process from sourcing a property to purchase, right through to managing the property on an ongoing basis for the new landlord. This support gives many landlords, especially those new to the buy-to-let market, the confidence to commit their finances and investments.”
For information about the full range of services provided by Nigel Davis Property Services call 01933 272292, email carl@nigeldavislettings.co.uk or visit the website at www.nigeldavislettings.co.uk
