Taking Advantage of the Prospectsin the UK Property Market

Prior to the Brexit referendum in June last year, the UK property market faced a lot of uncertainties. But after the country voted to leave the EU, experts say the cloudy air has drifted away and that Brexit could be good for the UK real estate market.

The premise of the analysis is that the falling pound will trigger a huge influx of foreign investments in UK property as they seek to explore a higher purchasing power. This in turn will trigger further boom in the market.

Besides, settling the Brexit issue means that the general uncertainty – which had stagnated the high-end property market – is lessened.

The proofs of such forecast are beginning to trickle in, with UK house prices dropped to 0.6% in March to stand at an average of £215,848, according to statistics from the Office for National Statistics (ONS), which extracts and analyses data from Land Registry sold prices. The study also indicated that the annual prices at which prices grow slowed down to 4.1%, the steepest since October 2013.

The slowdown in property price rates was evident in every region of the country, except for the West Midlands and Wales.

However, low prices are attracting a high number of astute investors and buyers to get on to the property market by exploring to Invest in Property Development options. This is because current shortages of properties in the market are expected to support an increase in rates in the medium and long terms.

Why is this kind of scenario evolving?  With the volatility in the political and economic spheres resonantly settled and defined, both buyers and sellers are active once again. Also, with strong house price gains in the past couple of years, individual affordability has become increasingly stretched.

Many first time buyers are turning to borrowing to get a slice of the prospects the UK property market holds with figures rising as high 30% in March, and 12% higher than the previous year, according to data released by the Council of Mortgage Lenders (CML).

And with a number of stifling tax changes in recent months by the government (including a 3% surcharge for buyers making a second purchase), a growing number of individual landlords are finding hard to cope and therefore unable to take advantage of the promise of the market.

More and more investors are looking the way of direct investments in well screened and pre-packaged developments and buy-to-let portfolios to take advantage of the growing potentials of the UK property market.

Investment in property comes with risks as well as the possibility of rewards.

For more information visit here https://crowdlords.com/full-risk-disclosure

Tips on Buy-To-Let For Property Investors

Property investment is a very common form of investment along with bonds, shares, and cash. When investing in property, you can gain your reward in two ways: renting the property out to tenants or selling the property at a price higher than what you bought it for.Many people see property as a lucrative investment. If you plan on investing in a buy-to-let property to improve your returns, let us answer the question of why buy-to-let before we proceed.

Why Buy-to-Let?

Buy-to-let looks like a very attractive investment especially when compared to the swings of stock markets and low savings rates. Despite the possibility of buy-to-let mortgage costs increasing, or experiencing tax changes,there are certain advantages associated. Investors have the urge to reach for buy-to-let due to the chance of inflation that will raise rent prices and the long-term interest rate.

Just like any other investment, buy-to-let does not come with a guarantee. So, if you have more faith investing in property than in the stock market, shares,or trades, then here are some essential tips to help you do things correctly.

1. Educate Yourself: There is no such thing as too much knowledge. You can attend events, read up on property investments, join a buy-to-let network, and use the benefit of having access to information and free material through the Internet. You are about to invest your money and time, so important that it is properly prepared in all aspects of legal obligations and potential pitfalls.
2. Pick a Choice Property Area to Invest In: What areas do students want to live? Where is the best accessible transport area? What are the areas with special appeal, schools, and social amenities? Gain information from other investment companies in your area. For example, do a search for the Best Property Investment Company in London and use their information to make your selection.
3. Know Your Target Tenant: Place yourself in the shoes of the tenant and envision what they would want. If you want to let to a family, they will have lots of belongings so they’ll need space. If giving out to professionals then the property needs to be modern and stylish. If giving out to students then the place needs to be comfortable. When you are able to attend to your tenants needs, it makes them happy and in turn, they will stay longer.

Price Haggle: When you finally find the property that you are interested in; do not be afraid to haggle over the price that is suitable for you. Markets fluctuate and you could get a good price on a property, so don’t try to be coy when asking for a reduction in the price.

Investment in property comes with risks as well as the possibility of rewards.

For more information visit here https://crowdlords.com/full-risk-disclosure

Investing in the UK? You Should be Looking at These Places

Every UK property investor who is aware of market conditions such as Brexit negotiations, construction sector changes, buy-to-let laws, and so on, will be asking themselves, “Where is the best place to invest now?”

Not long ago, Barclays conducted a research to discover which areas have the most promising returns for landlords, and what locations will record the strongest price growth by 2021. It is based on the following key performance indicators:

• Previous trends on property price and increase in rentals
• Current trends on job market levels
• Community patterns
• Income levels
• Expected future trends for employment growth and population growth

If you are interested in specific areas like the South, you would want to know the best property Investment areas in London 2017. This post will guide you.

1. Camden, London

According to the report, house prices in this northern borough of London will increase by 33.9% by 2021. Among all participants in Barclay’s landlord survey throughout the UK, 1 in 5 people claimed to own a property in London.

2. Westminster, London

In Barclay’s report, it was revealed that by 2021, the price of housing in this central London borough will rise by 31.9%. London property investors own an average of 4 properties and the average total valuation of a property portfolio in the capital more than £2.2 million. The survey further revealed that 79% of property investors in the capital intend to buy a new property in the next 3 – 5 years.

3. Cotswold

Cotswold, which covers Cirencester in Gloucestershire, is touted to experience the biggest house price increase in the South West by 2021. The figure, which will rise by 31.8%, is attributed to the city having the most business start-ups in the region, says Barclays.

4. Albans

St. Albans is expected to see the largest property price increase in the East of England, in the coming 5 years at 38.8%- the 2^nd largest in the UK. Part of this is due to the higher than average income (46% more than the national average) and strong expected growth

5. Elmbridge, Surrey

In Barclay’s report, it is predicted that the price of housing here will catapult to 26.4% by 2021, because of the growing number of people letting in the area. It also accommodates Walton-on-Thames. The report also revealed that property investors in South East England own an average of 3 properties valued at a sum of over £1.5 million.

These 5 cities represent only a handful from the Barclay’s survey, but they present a promising future for investors who want to make a financial killing in the next few years. The first two are listed among the best property Investment areas in London, for 2017. It pays to start planning early. Cotswold, for instance, is a fast-growing hub of start-up companies, which might soon trigger an influx of business talents and Venture Capitalists, who knows it could be the next Silicon Valley.

Investment in property comes with risks as well as the possibility of rewards.

For more information visit here https://crowdlords.com/full-risk-disclosure