Upturn in buy-to-let-market for Gladedale in North East England

Posted under News by Alan

There is at last some news of upturn in the buy-to-let market! Leading housebuilder Gladedale in North East England has reported significant increase in number of buy-to-let investors since beginning of year. Investors are lured by the major increase in yields from rented properties.

Sales Director, Richard Jones, of Gladedale, North East England, believes that people are once again looking to property as good investment for return on money. Low interest rates coupled with attractive deals on new homes are providing higher yield with some investors succeeding in getting yields up to 6%.

The existing bank rate at the Bank of England is just 0.5%. A large number of people who invested in shares lost big amount. Also under prevailing economic climate many people who are unable to buy new home are opting for rental property. As a result investors are turning to buy-to-let property which becomes not only a guaranteed source of regular rental income but also a long term asset for them.

Gladedale is offering no deposit homes at prices ranging from 52,496 pounds to 69,995 pounds across the region. This is an excellent value for money offer with wide choice of selection of beautiful homes.