How Property Investment Beats Bank Savings
For anyone serious about building their wealth and securing their financial future, investingin the UK property market is a smart choice. Here are several reasons why investing in UK properties is a superior option compared to holding your money in a bank account. Higher Return on Investment Over the last two decades, UK property prices have grown an average of approximately 8% per annum in value, this is significantly higher than the paltry 1.5% average rate offeredby savings accounts over the same period (source: www.bsa.org.uk). Note that the 8% average growth is on the value of the property, not the amount invested.Smart investors that utilise leverage (a mortgage) in building their portfolios and multiplying their profits. Typically an investor would be required to put in a deposit (down payment) of 25% of thepurchase price for a property. The remaining 75% needed to complete the purchase isthrough a mortgage. Thus, you acquire an asset that appreciates by 8% for a fraction of itsvalue. This means where the deposit to purchase an investment property was 25% of the purchase price, the 8% growth in value of the property actually gives a whopping Return on […]
Finding the Perfect Location: A Guide to Choosing the Right Area for Property Investment in the UK
Investing in property can be lucrative, however, the right location is key to maximizing your returns. With countless areas to consider in the vast UK property market, it is important to conduct thorough research and analysis before making your investment. In this article, we’ll walk you through the 10 key steps to find the ideal […]
