5 Reasons Buy-to-Let property investment is ALIVE and THRIVING in 2024!
9:14 AM, 1st December 2023, 3 years ago
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Buy-to-let is still a lucrative strategy for property investment. Join Ranjan as he explores the five reasons why property investing in the UK Buy-to-Let market is ALIVE and THRIVING in 2024.
Check out the video below:
Tags:
Buy to let 2024, investment opportunities, landlord life, Property Investment UK, Property Market Trends, UK property investing
2 comments on this article
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BTL Mortgages starting below 4%
Member Since April 2018 - Comments: 45
12:16 PM, 1st December 2023, About 3 years ago
EPC; unalloyed great news
Section21; Labour will bring it in “from day 1”
No Council tax on individual rooms; Great
Inflation/interest rates; the rent does not cover the mortgage in the South.
On balance; in the South, Buy To Let is a non runner.
Member Since May 2023 - Comments: 238
12:31 PM, 1st December 2023, About 3 years ago
1. EPC Improvement – Delay
The impact on climate crisis means this efficiency issue cannot be ignored for long.
Just one of many impacts on property availability.
2. Section 21 Abolition – Delay
Court Reform dependency is realistic but the criteria to continue are not defined so remains at high risk. Government will decide..
3. HMO Licencing Costs
Selective licencing remains inconsistent across councils and is not clearly justified. Reform required for clarity, and with the planned Ombudsman probably conflicting.
4. Rental Demand/Supply imbalance increasing revenue/profit
Given the imbalance between base rate setting (3 wk) and Section 13 (Yr) frequency this is still a big cost risk with variable rate mortgages.
5. Inflation Outlook
Debt value erosion is offset by Interest rates driving mortgage costs unless a fixed rate is mitigating this. Because Section 24 tax on costs not profits is driven by interest rates high rates swell taxes too.