Buy-to-let investors profit from ever-increasing rental prices and persistent low mortgage rates
During February of 2015, we observed the highest year recorded on yearly increase of rental prices in almost two years. This is mainly noticeable in London area where rental prices have escalated by 4.9 percent year on year, drastically exceeding price increase.
Landlords can now anticipate obtaining a gross yield of 5 percent on a usual rental property in Wales and England.
Both investors and banks are eager to take advantage of the chances in the buy-to-let market. Mortgage rates for BTL lenders are at its lowest and the number of lending available for investors and landlords continues to boost.
The high yields accessible from buy-to-let properties signify that this is a very eye-catching sector for both investors and landlords right now.
The buy-to-let sectors suggest investor’s way in to high yield properties while allowing them to profit from low mortgage rates.
With pension reforms coming into effect, we look forward to seeing a quantity of retirees using their pensions to gain opportunities within the buy-to-let sector and the high profits available.
In conclusion, the demand for rental property considerably outweighs the supply and rents will continue to rise as an outcome.