Finance & insurance Should you invest in Buy to Let? Jeff Knight of Foundation Home Loans considers six concerns for pursuing Buy to Let property
E
very day the news seems to suggest the buy to let market is set for some form of meltdown or mass exodus of landlords. So, if you are wondering whether to grow your portfolio, all the negative talk is probably not what
you want to hear. Fortunately, expert insight indicates a mass exit by landlords is not something
we can expect, at least over the next few years. The Buy to Let market is here to stay, but nonetheless not everyone wants to be a landlord, or indeed should be. Having an investment property has many benefits, as well as risks, and there is much to consider before doing so.
HERE ARE JUST SIX THINGS WORTH PONDERING:
REASONS MUST BE CHEERFUL You must have a good reason for entering the Buy to Let market as a landlord. Investing in property, while offering a wide range of benefits, should only be done with your eyes wide open. Too often, younger landlords get invested off the back of their family and friends’ advice. It’s your money and your time
38 | HMM July 2018 |
www.housingmmonline.co.uk
Investing in property, while offering a wide range of benefits should only be done with your eyes wide open. Too often, younger landlords get invested off the back of their family and friends’ advice. It’s your money and your time you’re risking and it must be your decision alone
you’re risking, and it must be your decision alone. Recently, an extensive piece of landlord sentiment research was conducted to
identify any operational and behavioural differences among landlords of varying ages and regional areas. To do this, 1,000 landlords from across the
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