Posted: Wednesday 30 May 2012
In the current financial climate of low interest rates and continued stock market volatility, many of us are looking for alternative investment options. Is buy-to-let worth considering?
While buy-to-let may no longer be the hot-tip it once was, for those with enough money to raise a large deposit it can still be attractive as an income investment, especially compared to low savings rates and stock market volatility. However, many investors who bought in “the boom” struggled as mortgage rates rose before the base rate was slashed to the historically low of 0.5 per cent - and one day interest rates must rise again, albeit the time horizon for this is looking longer.
At the moment lower house prices, rising rents and demand, and improving mortgage deals are tempting investors once more. If you are planning on investing, or just want to know more, we have set out some essential things to consider for a successful buy-to-let investment in our useful factsheet.
To discuss the issues raised in this article further please contact Chris Ness on 0131 247 1101 or email chris.ness@morton-fraser.com.