19th November 2007
Buy-to-let is still a Sound Investment Option
Investors will continue to purchase good quality buy-to-let properties in the right location, for the right price, says Imagine Homes in spite of recent speculation.
In the first half of the year alone, Imagine Homes sold nearly 300 properties worth £80 million and Group Sales Director, Marc Lafferty is confident that strategic developments and strengthened overseas operations will support the company’s ambitious expansion strategy.
"Buy-to-let is about buying well. For Imagine Homes, it is a question of picking our developments carefully. Imagine Homes only select new build properties for their high rental yields and capital growth potential.
"The UK property market will continue to fluctuate, however, the majority of people are interested in investing in buy-to-let properties for the medium to long term, and we will continue to provide a sound investment option for those who want to spread their risk."
Imagine Homes will furnish the property, find the tenant and manage the property and guarantee the customer a unique rental income of 7.5% of the purchase price per year for two years.
Over the last few years Imagine Homes has grown its market share by marketing properties to investors both within and outside of the United Kingdom. Imagine Homes worry-free service has proved popular with overseas investors with 50 per cent of sales being attributed to this market. Investors from the Middle East, Singapore and Hong Kong have completed on Imagine Homes properties throughout the UK and Scotland including; Edinburgh, West Yorkshire, Canary Wharf, West London and Manchester.
"Higher interest rates are squeezing out speculators and those who need to borrow heavily to fund their investments, but people who have capital will continue to look to the buy-to-let market." Comments Lafferty.
For further information, please contact Amy Nowell, TTA Group on 0207 886 0224 or email: anowell@ttagroup.co.uk