The UK property market presents many opportunities to investors. In the coming years, house prices will likely grow by 3.5%, with rental prices rising by 17%. According to Savills, house prices in the UK could rise by 13.1% by 2026. While this may seem high, there are a few reasons why this may be an excellent time to buy property in the UK.
Is Property Still a Good Investment 2022 UK?
The number of people looking to rent out their property is increasing. In addition to increasing demand, many people are looking to invest in student accommodation. The cost of living in the city is low, making investment opportunities there very attractive. The rental yield is high, and rental prices are forecast to rise throughout 2022.
The UK property market is in better shape than it has been for several years. The Uk property investment rental market is buoyant, and rents are at record highs. It is still one of the safest assets on the market. However, some misconceptions have created a false impression about the property market.
While London remains a hotspot for property investors, it is increasingly important to invest outside of London. Although London is a popular destination for investment, other parts of the United Kingdom have higher yields and house prices.
A recent report from Andrew Ward, the founder of Solomon New Homes, suggested that the secondary market will be the heart of the UK’s property market’s bounce-back.
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