The Royal Institution of Chartered Surveyors (RICS) has recently released figures that indicate that the number of properties on the market is set to exceed the number of buyers, despite the rise in buy-to-let properties as a long term investment. In the next 12 months, the market is expected to change so that it’s more favourable towards those looking to buy, particularly buy-to-let, with prices set to level out.
Over the past year, house prices have seen a sharp increase, some by as much as 20%, and has now levelled out somewhat meaning that the market is now the perfect place for sellers and buyers alike to find a great deal.
Many banks and financial institutions across the country are enthusiastic about buy-to-let properties and expect them to stay strong in the upcoming years. They’re even offering great mortgage deals at much more preferable rates for these types of investments. London is, and is predicted to stay, the strongest market as it is the capital city of England and will always be in high demand in regards to property.
Here at Finefair, we are the leaders of providing property management services, guaranteed rent and advice for landlords, and we specialise in buy-to-let clients. We can also offer a guaranteed rent scheme, council leasing services and more to ensure that you generate a fixed, reliable income on your property. Call today for more information.