Is making money from buy-to-let possible at the moment? Yes, if you research carefully!

Posted under Advice by Michael

Hundreds of thousands of investors in the UK have bought property as a safe investment since the introduction in the mid nineties of buy-to-let mortgages. Today, the buy-to-let market is worth at least a hundred and fifty billion pounds. Investing in a buy-to-let property has to be very carefully researched. Look for a property which will surpass the average as it will bring in a right amount of rent. Look for a property that is near a new commuter route or has improving infrastructure around it. Narrow down the search to one area and concentrate on that area.

Try to buy close to where you live, say, your neighbourhood. Keep eyes open for any house that is not well looked after but has good renting potential. Stuart Law, who is managing director of Assetz, feels that the UK market is safe and buy-to-let investors can still make money. According to him, the continuing inability to build new homes to meet the demand supports the strength of the market. The current slowdown is not finding many buyers and has stopped developers from building new housing. Buy property only if you can sustain it by getting the appropriate rent for its value.

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