Invest in Property & Create Substantial Wealth
There are many reasons why savvy investors are flocking to the Buy to Let market, purchasing brand new properties in the UK’s emerging Cities. Despite what we read in the media, house prices aren’t reducing, they are going through a transition. For many years, London has propped up the market, but with prices in the Capital in jeopardy, the average price in the UK will fall. However, take London out of the equation and all of a sudden, elsewhere in the UK property is performing pretty damn well!
There are many opportunities out there for smart savvy investors to score double digit returns, whilst still giving themselves some form of safety net to ensure that their investment is viable for the long-term.
Have you heard of the 18-year property cycle?
Although it isn’t gospel, it typically does follow this rule of thumb. It is an invisible market gauge that charts the cycle between booms and troughs. Predicting the next wave of the property market is very difficult, and timing is very important for investors.
If the past is anything for us to learn our lessons, it is that savvy investors will invest and in most cases, get in right. Unfortunately for the novice investors, they wait, and wait and as they enter the market in the masses, it all comes crashing down on them. So how can we protect ourselves to ensure we enter the market at the right time? Simple, take advice.
We all go to the doctors for advice when we are ill. We all go to our parents or friends if we need advice on a personal level. So when investing, wouldn’t the same principle of taking advice from people within the property industry and with a vast knowledge be the right thing to do? Yes, of course it would.
Let me give you a little advice based on my experience of investing over the last 16 years or so. It’s happening all around us today. It is predictable that investors will buy when all of the messages are positive, resulting in a seller’s market. However, these same investors won’t invest when the messages are negative, creating a buyer’s market. The key to investing is more about what you are investing in. The timing is important, but is the investment sustainable?
If the cycle of property was to be 18 years (four years of small growth, ten years of high growth followed by four years of negative growth) where would we be right now? (It would be wrong to assume the example I gave above of the 18 year cycle be that straight forward, but use it as a guide.) I would suggest we still have a few years of good, steady growth in the market and buying now is as important as it ever has been. Buying in emerging markets, where prices have the potential to increase, is essential. Look for underdeveloped areas with under supply and high demand. Don’t always feel you have to invest close to home, this is an investment so treat it that way!
Pensions are not performing as well as everyone would have expected, and property is expected to support many people in retirement. I know the changes in Tax will give a disadvantage for many people, but there are ways you can structure your investment portfolio to make it as tax efficient as possible. We always advise clients and this includes introducing clients to our partners for Tax and Pension advice to give an overall picture to their circumstances. For a free consultation request a call.