The investment specialist has seen a staggering 90 per cent increase in UK sales compared to average sales in the last quarter of 2005.
Despite an upturn in house price growth this January, most investors returning to the market with renewed confidence are taking a much longer-term view. Buyers are no longer hoping to make instant capital gains. The projected rental yield of the property is proving a much bigger selling point, suggesting that buyers are looking to keep their investments into retirement. When the mortgage is paid off, the property will generate a regular rental income to supplement their pension.
Stuart Law, managing director of Assetz comments: People are becoming noticeably better educated about property investment. Many have been burnt in the past after hoping for quick capital gains and are now more knowledgeable about making a buy to let or other investment property work for them in the long term. Investors must always balance the potential for capital growth with the need for long-term income in order to minimise risk and help them achieve an early retirement date.
