Why Invest in Buy-To-Let right now?
The recent Housing Figures 2012 Study says that the average house price is set to grow from 101,161 to 300,643 by 2020. If you buy an average house or apartment today, you can expect its value to rise by 197% over the next 18 years. There is already a shortage of 4 million homes in the UK and the population is expected to rise by 10% over the next 25 years. It is impossible for house-builders to keep up with the demand. The Centre For Economic Research predicts that rental demand will nearly double inside the next ten years. Back to top • What if there is a property crash? We agree with the general opinion that property cannot continue to rise as it has over the past 18 months, with an average increase of 23% per annum across the country. However, if we consider the facts over the past 15 years, we can see that prices have risen consistently by between 8-10% each year. Only twice have we seen any slump in the market and only for a short period before returning to even higher growth. Wh