the basics...
According to Rightmove, the drop in asking prices observed towards the
end of 2014 may be considered as one of the ‘biggest ever monthly drops’.
As sellers butchered their asking prices to tempt first-time buyers into a deal
and pave their way into 2015, this created a potential opportunity for
homebuyers and movers to negotiate and save money on their property
purchases. Despite the considerable dip in asking prices, experts foresee
2015 as the ideal time to invest in buy-to-let properties owing to their
speculations of a 5% increase in property values next year.
Before we dig deep into the prospects of buy-to-let investments, it would be
worthwhile to have an insight into how such property developments work
as a potential medium to long-term investment.
Revealing the Basics of Buy-To-Let Investments
A buy-to-let simply refers to a property type that an investor invests in with
an aim to rent for a residual income. Once they have invested in a buy-to-let
property investors can potentially earn a profit through rental yield, which
refers to rental income less any maintenance, repairs and taxation, and
capital growth, which encompasses the profit earned of the buy-to-let is
eventually sold for a price higher than its initial cost.
New Year - New trends >
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