8th February 2008
Ride out the storm with Imagine Homes
Investors should not be deterred by the storm of negative predictions for 2008’s property market claims the UK's buy-to-let specialist, Imagine Homes.
In stark contrast to the doom and gloom predicted by many industry commentators, Imagine Homes is currently experiencing a 25% increase on sales compared with the beginning of 2007 and believes there are great deals to be done on the buy-to-let market provided you are well informed, well-resourced and can move quickly.
Grant Bovey, Chief Executive of Imagine Homes believes now is an excellent time to invest in the buy-to-let market. He comments, "According to ARLA, tenant demand in the private rented sector remains at the highest level seen in five years*, boosting rental yields and, in turn, the buy-to-let market. In addition, demand for property continues to outstrip supply, which is a good indicator that capital values will increase as long as the market rides out the next few months. With interest rates predicted to fall, the market will firm quickly so investment deals need to be done now. Imagine Homes is well placed and can provide expert knowledge to deliver a secure buy-to-let investment and strong returns over the long-term."
Imagine Homes offers its customers a hassle-free way to invest in residential buy to let. Using its market expertise, Imagine Homes sources quality new build opportunities in excellent locations throughout the UK that offer strong capital growth and rental prospects. Imagine Homes also finds the tenant, manages the property and guarantees the customer a unique rental return of 7.5% of the purchase price per year for 2 years from completion. Following this, the investor can inherit the existing tenant, find a new one, sell the property or move in.
Imagine Homes’ latest investment opportunity, Princes Place in Edinburgh, is exemplary of the type of property in the company’s portfolio. Within walking distance of the city centre and boasting a high interior specification, Princes Place is a valuable new-build commodity on the Edinburgh rental market, catering to a growing number of city employees and public sector workers as well as a massive tourist industry.
With a targeted portfolio that includes properties in London, Edinburgh, Birmingham, and Manchester, Imagine Homes offers investors the best opportunities both in terms of guaranteed return over the first 2 years, and also for continued rental and resale potential. Imagine Homes does the groundwork for its investors, making buy-to-let a simple, effective and profitable investment.
For further information on Imagine Homes and their portfolio of properties simply log onto www.imaginehomes.co.uk or to register your interest, please telephone 0808 180 0464.
* Based on ARLA members Survey of the Buy-to-Let Sector (last quarter 2007)