When it comes to UK property investment, it’s time in the market that counts; timing the market isn’t necessary. This video explains why.
With that said, there’s not reason NOT to use market conditions when they’re in our favour, like they are right now.
It won’t have escaped your notice that interest rates recently dropped again, for the fifth time in 12 months. The BBC reported, just yesterday, that mortgage rates have dipped below 5% for the first time since 2022. Happy days.
On top of this this, a report published last month by the Royal Institution of Chartered Surveyors (Rics) found that new rental properties are coming onto the market at the slowest rate for five years.
‘Although the demand for properties is steady, there are fewer new rentals from landlords coming available, the Royal Institution of Chartered Surveyors (Rics) found.’
theguardian.com
A perfect storm that’s great news for UK property investors
The news from Rics means that rents are expected to rise over the next few months. While, up here in the North West of England, property purchase prices are still low.
The takeaway from this UK property investment news, is that now is an ideal time to buy property. Good landlords, offering quality, well-managed rental properties are needed more than ever. So get buying!
Step up for tenants
We’re not celebrating this news too hard. We know it can be tough out there for people trying to rent right now. There are still solutions needed to solve the housing crisis.
However, if you’re in a position to buy and let a property, you can be part of the solution. As the quote says, ‘demand for properties is steady’. That’s no surprise. People will always need homes. Provide good ones. Look after your tenants. You’ll make money, and you deserve to if you’re providing someone with a nice place to live.
One of the great things about property investment is that you can make your disposable income to work hard, completely outsource the property management to create a hands-off investment, and contribute to the community at the same time.
The press like to paint landlords as the bad guys, but we know the truth. Everyone needs a safe, comfortable home. Follow the number one rule of investment—look after your tenants—and you’ll be providing a valuable service.
Today is always the best time to invest (or the second best, according to the video below) but if you’ve been considering a purchase, take this as your sign to go for it. UK property investment news is on your side.
Source your next property
We’re not property sourcers who make our money from your next deal. We’re property managers, and fellow investors. We make money when you do. We’ll use our two decades of local knowledge to find your next North West investment property. Then we’ll support you, as your management partner, for the life of that investment. If you’d like our support to find you a great deal in North West England, book a free, no-obligation investment consultation.