3 Reasons You Need To Be Investing Right Now
Sameera Desai
Founder & Senior Strategist @ Brand Atelier | Elevating Prestige Brands in Luxury & Property | Head of Membership @ The Luxury Property Forum
Are low-interest rates getting you down? They shouldn’t! UK property investors are currently taking advantage of an unprecedented opportunity. In case you are still not convinced, we’re about to present 3 good reasons you should be investing right now!
- Good ROI (Return on Investment)
Numerous studies have shown that UK property is a great investment, especially in the last few years. Some parts of the UK, like Leeds, can get you an ROI on rental properties in excess of 10%. The latest predictions suggest that the rental market will continue to grow and provide stable ROI.
2. A chance to fight back against inflation
As previously mentioned, the interest rates are currently very low and whilst this situation is great for property investment, it’s bad news for the cash accounts. If we’re trying to set some money aside, there’s a strong chance that the money we save will be eroded by inflation. Latest statistics show that half of all saving accounts will probably LOSE money in the long run. The interest rates are currently below 1% which means that they are not worth the risk. However, an Investment in property increases your chances not only to save your way to wealth but also to grow it.
3. Diversification
Ever heard the saying ‘never leave all your eggs in one basket?’ Well, this is highly applicable to anyone in full-time employment. An additional income stream can help take the pressure off your day job or replace it all together. You never want to be relying on one source of income – Diversification reduces your risk should you be unable to work someday. Of course, if you don’t want to create another job for yourself by becoming a Landlord, you could always opt for being an Armchair Investor which gives you the benefits of being a Landlord (Rental Income) but none of the hassle.
These are just some of the reasons why people should invest in UK property.
If you are interested in Property as a vehicle to build your wealth, book a complimentary consultation with Lifestyle Property People!
Lifestyle Property People is made up of two specialist teams that work closely together to provide a myriad of opportunities to armchair investors trying to get high returns via Property Investments in Leeds. Get in touch with Lifestyle Property People now and get fully managed high yield investments right away!