Landlords may be pleased to hear it has been claimed now is a good time to invest in property.
Landlords may be pleased to hear that now is a good time to invest in property.
The Daily Mail reports high rental demand means those with plenty of capital have the opportunity to snap up a bargain.
However, it warned potential landlords need to be aware of the risks involved, noting many people lost out when prices slumped following the last housing boom.
Kate Faulkner of advice site designsonproperty.co.uk told the newspaper: “This will be a good year to become a landlord.”
Regional variations on house prices means people need to choose property carefully though, she continued, advising them to speak to letting agents about the area and the types of houses or flats tenants are looking for.
Recently, director at LandlordZONE.co.uk Tom Entwistle predicted Britains ongoing economic problems will continue to support demand for rented property.
Posted by Tessa Norman