George Osborne’s April stamp duty hikes were predicted to dampen the buy-to-let market – and make way for first-time buyers to get on the property ladder. However, if recent UK home purchases are anything to go by, landlords remain as enthusiastic as ever about property investment in the UK – and have simply adopted new strategies to ensure they get a great ROI.
If you’re looking for buy-to-let property for sale, and you want to counterbalance the increase in stamp duty tax, here’s some handy tips for you.
Property Investment Opportunities
Demand for Rental Property in the UK
Landlords remain enthusiastic about investing in property in the UK, irrespective of the increased stamp duty taxes. The main reason is that demand for rented accommodation shows no sign of abating – and average monthly rental yield continues to grow in most locations across the country.
When demand is high and potential for profit is good, it makes sense to invest in bricks and mortar – though of course, it’s recommended that you do your research first before committing to buy.
The Buy2Let Shop Limited
If you’re interested in buy-to-let property for sale, and you’d like to find out more about property investment in the UK, talk to The Buy2Let Shop. We’re a team of specialist property investment agents in London, and we’ll help you identify the perfect house for your specific needs.
We also offer assistance with buying a house at auction, and regularly host property investment seminars in London, which improve your knowledge of the property market. To find out more about our services, simply visit The Buy2Let Shop website today.