Thursday 10 December 2015

Chichester Letting Agents Report Buy to Let Boom in Today’s Market


Amid the rise in house prices around the U.K., more people are purchasing buy to let properties as an investment. With many more traditional investments currently offering poor returns, the rental market can be a stable and reliable source of income. Surge in Buy to Let Investments In London and the South East of England, including Surrey and Sussex, high housing prices coupled with a scarcity of housing have helped to create a buy to let boom. Letting agents across Britain report a surge in buy to let investments on houses and flats. Buyers looking to make the move from renting to ownership can face difficulties finding a suitable and affordable home. In 2015, 15 per cent of mortgages have been taken out by buy to let purchasers, giving rise to concerns about the availability of property for buyers who simply want somewhere to live.
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