The investor services our team provides have one goal in mind. We want to aid clients in securing the right properties and getting stable incomes they can rely on. This is so they can meet their requirements in terms of ROI and building wealth. Every client has something different in mind when they invest. However, by offering the top services for property investment Haringey has, we intend to help you succeed.

Preparing for uncertainty

The UK is in the throes of economic uncertainty. Inflation has hit a 40-year high. This has increased the chances that house prices may fall. With a huge slump in these values, homeowners might find themselves in negative equity. The property can become worth less than the mortgage you take out to pay for it. The situation could also make mortgages more expensive. They will become harder to secure if that happens.

Most experts are still under the impression that a house price crash is an outside chance. However, the present economic unpredictability isn’t showing signs of going away quickly. More interest rate rises are likely.

Fintech company Proportunity has done some research in response to the risk of house prices crashing. They look into the country’s ‘recession proof’ areas to aid buyers in safeguarding themselves from property market volatility.

Examining locations that did well before

The company had a look at 331 local authorities, examining locales that did well in past recessions. Due to their research, Proportunity was able to identify some important details about the best spots. These are ones that you should look for when purchasing a property, and include:

• Targeting affluent areas with small housing supplies
• Looking at locations with a greater level of millennials
• Focusing on areas with greater numbers of larger than average properties as well as older housing stock

They found that the UK’s three leading ‘recession bustling’ places are all in London. Outside of the city, South Gloucestershire is another where the chances of prices falling are low. Broxbourne in Hertfordshire, Bracknell Forest in Berkshire, and Luton are other strong areas.

Haringey came out as one of London’s top ranking spots in this research. This borough is actually one of the capital’s most sought after. Here, you will find an average terrace house selling for roughly £825,136. A standard flat will go for around £462,224, according to Rightmove.

The reason why Haringey is such a resilient place is that it has many green spaces and parks. Its proximity to central London helps too. The popularity of areas like Highgate, Crouch End, and Muswell Hill is also hard to ignore. Contact us if you want to use the finest services for property investment Haringey has.

London as a whole

In a broader sense London’s whole market has better insulation against economic fluctuations. Chances are that the prime market will be more resilient if you compare to other parts of the UK.

One major reason for this is because of the number of cash buyers. They are not as affected by stock market fluctuations and interest rates.

Furthermore, a lot of prime London buyers are international individuals. Therefore, they are not as vulnerable to domestic inflationary details. They have diversified interests all over the world.

Purchasing a house can be a nerve-racking but exciting time. It is worse when you throw in some economic uncertainty and rising prices. The choice to buy or not becomes a lot more complex. By understanding those characteristics that make properties more likely to keep their value, and by knowing the areas with the most resilience, you can invest with more confidence.

Work with us for property investment in Haringey

At Finefair Ltd, the help we offer has proven to be invaluable to investors looking to make the best choices. Our team can aid you in reviewing and evaluating your portfolio. We will be able to explore your strengths and weaknesses. If you need to make any changes, we will guide you here as well. This can even include looking at HMOs.

So, please let us know if you require the top services for property investment Haringey has. We tick all the boxes for you and can even offer guaranteed rent.