16th January 2012
“With savings rates remaining at their low levels, it seems, for another year and house prices edging down in some locations – buy to let investment is forecast to have a stronger year in 2012,” predicts Scott Mellors, FRICS, Senior Partner of John German.
“The availability of mortgage funds and good tenant demand now and into the future is encouraging more landlords to try and achieve returns between 5 – 10 %.”
“When compared to savings or pensions and annuity rates, a well bought property investment with potential capital appreciation in the future is continuing to be attractive for those with funds to invest.”
“We are being asked to advise an increasing number of private investment landlords to guide them on their purchases this year,” commented Scott.
“The lack of first time buyers still means that there are some excellent purchasing opportunities in the lower price categories.”
“Either myself or one of my Partners would be delighted to give personal advice on residential property investment for those considering an acquisition in 2012,” concluded Scott.
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