The Buy-to-Let market still trumps other investment opportunities like gold, cash and fine art, according to new research from lettings inventory and property compliance specialists VeriSmart.
FTSE 100 and classic car investments are still at the top end of the best investments for hardcore investors. However, in the non-professional market Buy-to-Let is the way to go.
Housing prices have been rising year on year. According to the report, today you would see a 92% return from spend if an investment had been made 10 years ago.
Comparing this to other opportunities, this is a much higher return. Gold would see a 60% return, cash 16% and shockingly 4% drop in fine art.
Due to political and economic issues, it is likely that the property market is also a “safer” option for investment. It is less (but not entirely) effected by national and international influences than the FTSE 100, gold and cash.
What the expert says…
Founder of VeriSmart, Jonathan Senior said: “Last week’s spring statement was a missed opportunity for the Government to backtrack on their previous attacks on the Buy-to-Let sector, attacks that have done little to solve the UK housing crisis and if anything, have caused further restrictions in the level of suitable stock while keeping rental prices buoyant as a result.”
“However, the Buy-to-Let sector remains the backbone of the UK property market, helping to support aspirational homeowners as they work to overcome the sometimes impossible financial barriers of home ownership. The need for this support is clearly evident as it remains one of the most lucrative investments one can make.”
“With little being done to address property supply or affordability on a meaningful scale, this is likely to continue going forward and despite the Government’s best efforts there will always be demand for a good, honest landlord providing above the board accommodation to those that need it”.
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