Property forum on the local buy to let market - Steven Bond reports
I am pleased to announce that Beresfords will be holding free of charge seminars over the next month, at our centrally located Head Office in Chelmsford, focussing on the local buy to let market.
The seminars will be held in association with Tees Law and Tees Financial.
The buy to let market has attracted great interest recently from not only seasoned landlords but also from those who are pursing the venture for the very first time, but why?
- Demand from tenants for properties is at an all-time high.
- The poor performance of people’s pensions means that many of us face the real possibility of having to work much later in life. The traditional means of investing in savings accounts and other mainstream investments, no longer guarantees decent financial returns.
- Buy to let properties generate a regular income through rental payments. Recent figures have shown a significant increase in monthly rents, a growth which shows no signs of abating.
- The annual rental yields are likely to provide you with returns which are above inflation, as well as the possibility of long term capital growth thanks to increasing house prices.
Beresfords have been offering sound advice on local property for 45 years. Many of our investors lead very busy lives and the time they can dedicate to such ventures is limited. This is one of the main reasons why our specialist Property Investment division was established some years ago.
One such couple who decided to pursue this venture for the very first time were Linda and Louis Lincoln and their story was featured recently in The Times. They had been long term investors in the stock market but became disillusioned with the returns being received. They turned their attentions to the buy to let market and after conducting research on a number of local agents felt Beresfords were best placed to assist.
Louis and Linda Lincoln: