25 APR 2014
Should I buy to let?
Confidence in the housing market has returned over the last year with schemes such as Help to Buy boosting the market. Even though this can't be used towards buy to let, it sure builds confidence in bricks and mortar. Fairview constantly experiences a high demand from tenants and this is set to only increase with the population outgrowing the amount of new homes being built. This is giving landlords longer tenancies and more secured income as tenants are finding it harder to find the homes they want to move into.
As pensions are becoming less and less guaranteed the older we get, landlords have started looking at alternative income. With the average yield at around 7 per cent gross, investing in property can look quite attractive. Making money from rental isn't guaranteed however and we recommend doing your homework before diving in at the deep end. Areas where a property is brought, demographic of tenants they wish to attract and much more can all influence income on a property.
When it comes to picking an agent take your time. There are plenty of different companies out there and not one is the same. Spend you time reading reviews and finding out what they can offer you.
If you want to know about the best mortgages with buy to let please take a look here