Investing in a buy-to-let property, particularly within the student market place, still looks attractive despite the additional stamp duty surcharge and the loss of full mortgage interest tax relief.
House price rises have priced most people out of London property investment, but many of the areas we operate in across the UK are still to regain the ground lost after the financial crisis slump and our investors are increasingly looking in these areas for stronger returns. Particularly within the student lettings market, investors are snapping up properties in major student cities as the yield is more attractive than the potential capital gain within London.
Mortgage rates are at record lows and are helping buy-to-let investors purchase their first unit or additional properties across the UK. Despite the tax changes and potential for buy-to-let mortgage costs to rise, there are many positives to investing in property outside of London. There are greater demand from tenants and with student properties their options are to pay for expensive purpose built accommodation normally provided by the university, or looking into the private rented sector and sharing with their peers.
Rents should rise with inflation alongside interest rate rises meaning that investing in property leaves our investors in a position of long term gain. If you are planning on investing, or just want to know more about investing or our offering, we tell you the most essential things to consider for a successful buy-to-let investment.