Now, the secrets of being a successful landlord are available
to everyone whether they are a first time investor; an existing
landlord looking for help or advice on current properties,
or even an overseas or expatriate investor looking to make
money in the UK property market or keep a foot hold here.
With Buy To Let lending on the increase – the first
half of this year saw 75,100 Buy To Let mortgages (worth
a staggering £7.7 billion) advanced on – it
seems that more and more people are favouring property investment
over traditional saving methods as a way of making money.
And, according to research, they are choosing wisely:
The average house price is set to nearly double in value
from £161,665 to £300,643 by 2020
The UK population is predicted to rise 10% in the next
25 years (that's 6 million people!) - house-building can't
possibly keep up with demand
Rental demand will nearly double inside ten years.
However, warns specialist website, www.buy-to-let-secrets.co.uk
, property investment - like any other form of investment
- is a skill, and currently, many ‘quick-fix’
investors are choosing the wrong properties, the wrong finance
and buying too many properties while managing them badly
– meaning their bricks and mortar may not be as safe
as houses!
Neil Lewis from the website and himself an experienced
property investor says: "The recent increase in interest
rates equates to a more stable property market, and there
are a bunch of offers from developers now – meaning
some good priced properties are up for grabs! However, an
all-too-common mistake that private landlords make is to
buy a property in the wrong area, meaning they could lose
money; be unable to resell the property; or possibly, may
not be able to find a suitable tenant.
"And many private landlords do not fully understand
their legal obligations, meaning they are faced with an
unhappy tenant and, even a legal battle!"
Buy
To Let Property Secrets 2005 covers everything
you need to know about property investment, such as:
Lewis summarises: "The success of a property investment
depends on many factors, from choosing the right finance method
through to establishing a good tenant-landlord relationship.
Buy
To Let Secrets 2005 shows you all the tactics
and methods that professional landlords use, meaning you can
achieve valuable financial reward from your property."
