What Is Better – To Buy Or To Rent?
Although new research by property website Zoopla may suggest that nearly three-quarters of property locations across the UK are cheaper to buy than rent, unless property owners are able to generate the finance/deposits to invest many of these areas are still difficult to access…
Basing these figures on an interest only mortgage of 5%, this statistics may look like bad news for property investors; however with interest only loans at the top of the regulator’s hit list, it is highly unlikely that these property locations are actually cheaper to buy.
In fact, such property locations could offer property investors increased opportunities to expand their property portfolio.
Offering low property prices and appetising monthly returns, some of the best buy to let property locations consist of, London where an average 2 bedroom flat can produce £2,155 a month, and:
- Dundee
- Birmingham
- Derby
- Cambridge
- Milton Keynes
- Nottingham
- York
- Norwich
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- Property Supplies Outstrip Buyer Interest
- Private Banks Form Secret Syndicate Fund
Tags: property investors, property location, property portfolio, property prices, property website
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