Buy-to-let Rental Demand
As a concept, Buy-to-Let works so well because the rent you receive is offset
against the interest you pay on your mortgage which will allow you to benefit
from the property's long term gain in value. This only works if you are able
to find a tenant, so it is wise to keep informed about the rental market. Rental
demand continues to grow at a rapid rate and is supported by many factors, including:
Property
Lettings & Management
- House prices are too high for many potential buyers (particularly first-time buyers) who are choosing to rent instead.
- An increasing number of single people and students prefer to rent, as it gives them flexibility of movement.
- Shorter working contracts are leading to individuals seeking greater flexibility and mobility.
- Loss of social stigma associated with renting.
- An increasing level of personal spending, and the consequent decrease in saving, mean that fewer people can afford the deposit necessary to join the property ownership ladder.
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