Property - A Secure Business
As you will know,
property has always been a great
long term investment, regardless of short-term market fluctuations. Consider these facts (from research in 2003)...
- Since 1956, the compounded average annual increase in house prices has been 8.5%.
- According to nationwide figures, the worst fall in the property market was 11% back in 1990.
- In the 32 years since the Department of Records have kept statistics, prices have risen in 28 years and fallen in only 4 years.
- According to the Office of National Statistics, rents have risen on average by 13% per annum since 1962.
The rental market will become more profitable for investors over the next ten years than ever before. It will continue to grow due to...
- Escalating house prices pushing buyers out of the market.
- Increasing numbers of students and single people looking to rent.
- Loss of social stigma about renting.
- Increasing spending of disposable income as opposed to people deciding to buy their own property.
- A new transient society with an increasing number of 'footloose' families seeking mobility and flexibility.
The bottom line is this:
This is the very best time for you to get involved in the property market.
Here are three reasons why you should at least consider Buy-To-Let investment right now...
- The recent Housing Figures Study says that the average house price is set to grow from £101,161 to £300,643 by 2020. If you buy an average house today, you can expect its value to rise by 297% over the next 17 years.
- There is already a shortage of 4 million homes in the UK and the population is expected to rise by 10% in the next 25 years. There is no way that house-building can possibly keep up with demand.
- The Centre for Economic research predicts that rental demand will nearly double inside ten years.
It's not hard to see that the sensible buy-to-let investor will call the shots over the next decade and beyond - cashing in on escalating prices and a growing pool of renters.
With the rental market set to expand 40% by 2012 can you afford NOT to lock in your profits now as a Buy-To-Let investor? Better still...
Would you like to achieve 10-25% equity from day one?