The property is continuing to accelerate and, following an increase in tenant demand, many are considering investing in a Buy-to-Let property.
So, why is now an ideal time to become a property investor?
The supply demand imbalance
Due to several influences, such as the stamp duty holiday and the COVID-19 pandemic, many homeowners and renters are looking to relocate.
This has caused demand to outstrip supply in both the sales and lettings markets, which has been positive for those looking to sell or let a property.
Experts have predicted further growth within the industry, suggesting that both rents and property values will accelerate over the coming years.
Experts are also predicting an average increase of 21.5% in UK property values over the next four years, alongside a predicted 9.5% growth in rental prices.
What does this mean for property investment?
Current and potential investors have been encouraged to recognise that the property market remains an effective source for a reliable return-on-investment.
There are a significant number of opportunities for successful investments to be enjoyed, such as property flipping or buy-to-lets, especially for those who act quick.
Are you looking to take advantage of the current market conditions? Get in touch with our property professionals today for helpful advice and guidance.