31st July 2008
An expert has said that property investors can still make money out of buy-to-let investments.

Rental yields from buy-to-let properties are still good, especially if the property is in the right location, hence investors must be "very careful" about getting the correct advice on investment, says Landlordzone.

According to Tom Entwistle from the organisation, investors have to be "very selective" about where they choose to buy property and which types of properties to go for.

He said: "The types of property that tend to make money are terraced properties and the older terraced type properties which you can buy a bit cheaper and make money from."

"If you find an area with a single property for sale and it's the right type of property then the chances are that you will let it without problems."

He went on to say that "traditional landlords who have been investing over the years will still be making good money".

A 19 per cent rise in the number of people renting properties in London was reported in July by Your Move.

Are you looking to invest in a property in the United Kingdom? Simpli Group Property has a selection of properties that will make you a great return on investment. Speak to our property experts. (www.simpligroupproperty.com)

Daily News Brought to You by The SimpliGroup – Experts in the UK Property Investment Market



<< Back to News