There is a clear and growing interest in buy-to-let investment, all over the globe as people with growing deposits of disposable cash look to position their money in the most effective manner. People are becoming more confident in their financial future and eager to invest in tangible assets like buy-to-let real developments.
There is a clear and growing interest in buy-to-let investment, all over the globe as people with growing deposits of disposable cash look to position their money in the most effective manner. People are becoming more confident in their financial future and eager to invest in tangible assets like buy-to-let real developments.
Buy-to-let investments may not deliver the largest returns, but savvy investors are now more than ever looking at their long term goals which will only be enabled by a consistent income.
The way people buy, sell, and manage property investments is also changing as a result of market wide digital advancement. A few of the technologies that are transforming the property market and opening it up to a larger spectrum of investors include virtual reality, blockchain segmentation and AI algorithms.
Recent publication of JLL Partners' "Global Real Estate Perspective March 2023" shed a favourable light on the global property markets by emphasising the strength of prospering, developing and robust markets all over the world.
“A variety of economic headwinds were evident in the final quarter of 2022, with inflation rising, interest rates climbing, and growth slowing. However, there are now signs that the outlook is improving and the slowdown will be relatively short and shallow.”
Compared to New York, where rents fell by 1.1%, the UK experienced one of the fastest rates of rental growth, with London rentals jumping by well over 10% in Q4 2022.
Overall the outlook for the UK property market was a positive one and matched fairly well with what we have seen across the developed world.
In general, there are still many reasons why buying rental property in the UK is a popular investment. First off, there is a consistent demand for rental homes due to the UK's healthy and expanding rental industry. There is a fantastic chance for investors to make a decent return on their investment because more and more people are opting to rent rather than buy a home.
Liverpool, Manchester and Bradford are just a few of the cities that are great examples of how the UK property industry is reinventing itself and offering fresh and exciting options for both investors and renters.
If you’d like to know more about renting in these great cites, get in touch with a member of the Compare Yields team today!
