Bondtilli property investment UK company is dedicated to helping our clients from all around the world invest most effectively in the property market of the UK. From the highest yielding property deals to the property investment courses, and the one to one mentorship on property investment, Bondtilli property investment company can help anyone and everyone build and manage their portfolio, as well as save them time and money on every property that they buy.
Three hundred and fifty thousand people have moved from London to other cities in the UK over the last five years.
If you are a buy-to-let property investor seeking to achieve high rental yields, it is worth looking into factors that attract these people to places outside of London and assessing whether these cities and towns offer better investment opportunities with higher potential yields.
Home Ownership – A Distant Dream for Many Young People
Over the last two decades, home ownership among young people has more than halved. Today, only twenty percent of people in their mid-twenties own a house or a property, compared to twenty years ago when the rate of home ownership among people of the same age was forty-six percent.
Thanks to the continual growth of Britain’s population and the steady decline in the building of new properties and houses, the current issues with affordability and the shortage of housing properties in the UK are not going away any time soon.
Over the last decade, between the years 2009 and 2019, the prices of housing property in the UK have risen by twenty-nine percent, while the wages have failed to keep up.
Today, the average salary in the UK is actually lower than it was twelve years ago, causing the experts to start considering whether or not another inflation is underway in the UK.
With the current state of the market, unless the government implements some significant changes soon, home ownership will remain a distant dream for many young people.
For those that do not already own their own home, obtaining one will remain highly unaffordable, unless a significant number of new homes and house properties is built over the upcoming years, thus stabilizing the price growth.
While the current property market situation in the UK is far from ideal for young people, it is highly beneficial for the sharp-minded buy-to-let property investors.
It is these investors that many young people in the UK have come to rely on to provide housing.
With so many young people and businesses have started moving out of and away from London and to other cities in the UK, these surrounding cities have undergone major developments which have made them even more attractive to millennials.
Some of the policies, laws, and changes that have been recently introduced have left many prospective and experienced landlords alike wondering if the business of investing in buy to let property is still a profitable financial endeavor.
To answer their question and their other possible concerns about the future of the profitability of buy to let property market our team of property investment professionals at Bond Tilli has compiled the following series of articles by the title of “How to Make Money from Buy to Let Property.
Take into Account the Condition of the Property
The Georgian and Victorian-era houses and properties are truly remarkable and beautiful pieces of architecture and it should come as no surprise that they, on the first glance, capture the hearts of most people and prospective property investors.
However, many first-time property investors at first tend to overlook the fact that these buildings, while indisputably beautiful, are more likely to be in need of significant repair work and care in order to make them attractive enough for the modern-day rental market.
Profit margins could end up seriously depleted by the costs that go into renovating and refurbishment of the development.
They may also require the investor to visit and check up on the property and make improvements much more often than they would be required to do with a development that is more recently built.
Properties that require a significant repair work and an extensive maintenance upkeep will not only affect the rental yields that the investor can achieve, but will also require that the investor also invests a significant amount of time as well in order to raise the property to the standard of quality that the modern market requires, and to keep it there.
This will be our last article in the series “How to Make Money from Buy to Let Property. For more information, please contact us at BondTilli.com. Our team of professionals will help you make a decision that will be the best possible solution for your financial expectations.
Whether it is a buy to let property that you are interested in, or any other type of property, Bondtilli sources and provides different types of property investment opportunities to match and suit everyone’s needs.
Our team of consultants is always available to support and guide both our established and potential clients alike.
Apartment, Buy to let investments, Commercial property investments, Student Accommodation Investments
BONDTILLI has proven itself reliable, communicative, tenacious, and trustworthy by our clients in fighting for their interests. We know that investors are usually busy, hardworking individuals who don’t have time to shift through piles of information, so we take it upon ourselves to filter through investment information and select the most crucial and valuable information for what they seek to achieve. Our team of experts will eagerly share the knowledge they have acquired through years of experience working as property investment consultants. On top of our other services, we regularly publish property investment advice to help potential investors make informed decisions.
A dwindling pension income and the intlow erest rates that the banks are offering means that individuals are not as financially comfortable as they once were. Our clients are often trying to invest in property to assure another income as they enter retirement. Investing in property, if done wisely, provides individuals with opportunity to supplement their income, alleviating some financial stress they may face. Our team of experts sources the best investment opportunities and our consultants advise and support our clients throughout the whole process, ensuring our clients get exactly what they look for out of the whole experience.