A Guide on How to Invest in the UK Property Market

It is difficult to forecast the strength of the Sterling Pound and its value going forward. However, if you’re asking yourself, “should I invest in property in the UK?” then you may want to look further into your finances and income. Many expenses come with property investment, which means you will need to factor these fees into your overall budget. Work out your income and expenditure as well as what capital is available to you. This may include savings accounts, premium bonds, or other investments like shares. You can also create a monthly budget with your ingoings’ and outgoings clearly displayed to see if you have the financial stability to purchase a buy-to-let property.

Investing in a property can be stressful, which is why you should understand and accept the costs and time that is involved in owning and running a property before going any further. Buy-to-let investments should be seen as effectively running your own small business, and that comes with legal responsibilities. There are risks you take when investing. However, if you’ve assessed the market and have access to funds, there is an opportunity for high yields and returns on your investment.

It may also be worth noting that if you’re interested in property investment, then you should definitely consider making an investment into the UK housing market. Those who are interested and excited by the prospect of investment tend to do better in the market as they believe in their business. The goal here isn’t just to find out how to get into property investment; UK investors must also have a dream and a drive to succeed.

We have listed 8 Key points:

When you’ve decided on what to invest in for UK property investment, you can then start searching for the best ones on offer in UK property hotspots. Keep note that buy-to-let property investments are preferable in the current market, and opportunities are growing in Northern England as cities undergo large regeneration developments. Since buy-to-sell properties are at an all-time low, this means that investors are opting for buy-to-let property opportunities instead. There is no need to worry about how to find investment property in the UK, though, as new developments are being constructed every day.

Along with choosing between buy-to-sell or buy-to-let, there are also different types of investments to consider. For instance, do you want to look into residential investment opportunities or explore the student housing market? When buying properties in UK cities, you should definitely consider the type of tenant you hope to appeal to. There are pros and cons to each property type, with student properties often being more affordable, whereas residential properties appeal to a wider audience.

The main piece of advice you will want to take from this section is to research thoroughly. For any investor looking to get into property investment UK, you need to research the best places to invest in property. You should look at capital growth potential, average rental prices, rental demand in the city, and rental yields to ensure you are making the best investment possible.

Recently, the best places to invest in property revealed that 16 out of the top 20 postcodes for buy-to-let properties were northern. In fact, the North has stayed in the spotlight for its property scene for a while, being voted one of the best places to invest in property UK for 2016 and beyond. There are lots of reasons to invest in the North’s housing market.

While London may be the tourist capital of the UK, both Manchester and Liverpool are highly rated as they can produce high yields and have a high potential for capital appreciation.

In fact, the London housing market is dwindling while the market of Liverpool and Manchester thrives. The vast amount of buy-to-let properties for sale in Liverpool only continues to rise as more development plans are put in place throughout the city.

With the regeneration of various areas, including the Fabric District in Liverpool and MediaCityUK in Manchester, UK house prices are also rising and house price growth is expected to continue over the years. From capital appreciation to rental returns, every property investor is spoilt for choice when deciding on the best places to invest up North.

A Northern Stronghold

Those who are wondering how to start investing in property in the UK should look no further than cities up North. With growing employment opportunities along with large student populations and new restaurants, young people and professionals are flocking to these cities in vast amounts.

According to the latest figures from Savills, prices in the North West are expected to rise by 20.2% by 2028, further cementing the region as a property investment hotspot.