4. Inflation eases
When inflation eases, so do household bills. The normal trend when this happens is to see rent arrears dropping. Our offices are seeing this already.
5. Property values predicted to remain stable
According to Nationwide, house prices declined by 0.6% in June, taking the annual pace of house price growth down to -1.5%, the lowest reading since August 2009. The ending of the stamp duty holiday in March can partly be blamed. Overall though they expect the continuation of the pattern experienced over the past two years with prices remaining
fairly stable over the next twelve months.
Yes, it is bad news on the asset value front if you do not intend to invest in more property,
but it is good news to all of you that want to buy more and increase your property holdings!
Time to prosper, time to protect
Yes it could well be an amazingly good time to own buy-to-let property and it is, in my view, a very good time to invest. I do like balancing risk and reward though.
Chat with us about what we can do to help you increase your reward and balance the risk.
Local office contacts can be found by clicking here