Published: 19/08/2024 By Rachael James
Rachael James, Partner and Head of Lettings, suggests that the short answer is always yes, provided you do your research to ensure it’s the right investment for you.Rental yields in our region are currently averaging around 5.2%. Rents are continuing to creep up, and with mortgage rates likely to reduce later this year, the prospects for buy-to-let investors are promising. The private rental sector is a valuable resource to those who either can’t afford or choose not to buy a property. In the current market, demand from tenants is far exceeding the supply of accommodation. The Government is still some way behind on its social housebuilding targets, there has never been a greater need for private landlords to invest.
Because demand is consistently strong, it doesn’t matter whether the property market is rising, falling, or staying the same when you invest. Historically, the best returns have come from investing over a 15-plus year period, therefore property should be viewed as a long-term commitment.
Our experienced agents across the region can assist with your research to find the most suitable investment property, guiding you towards the most sought-after type of property in an area where demand is consistent. Please either contact Rachael on 01258 452670, or our experts in your nearest office for further details of our Buy-To-Let consultancy service and our range of Letting and Management services.
You’ll also find them at the forthcoming Melplash and Dorset County Shows, where we look forward to welcoming you to our stand.