4. Positive Property Price Growth Ahead
Another reason why you should invest in property now is the considerable property price growth anticipated in the coming years.
Industry experts Savills recently updated their renowned long-term huge growth predictions up to 2026, with the UK expected to see a 13.1% rise in property prices by 2026.
This gets even higher in certain locations, with the North West and Yorkshire and The Humber expected to see an 18.8% rise in prices.
Rent is also set to rise, with the same report finding that rent will increase by 19.9% by 2026.
Again, this is why research is important in UK property to maximise your investment and choose areas with high growth potential.
5. Amazing Opportunities Available in 2022
Maybe you’re a first-time buyer in the UK property investment market. Or, you could just be an investor who usually invests solely in the stock market but is looking for a way to build a diversified portfolio.
Whatever your reason to explore investments in the UK property market, the time to start investing in UK property is now.
As Warren Buffet once said:
‘Be fearful when others are greedy and greedy when others are fearful.’
When others who would normally be buying and selling their own investments are behaving cautiously, the most successful investors act fast and take advantage of every opportunity to build wealth.
There’s a lot of evidence to suggest that right now is the best time to buy property for investment purposes. Property prices are set to continue rising massively, and many UK developers have started offering temporary deals for their properties.
Savvy investors who are prepared to negotiate will find that they’re able to get the most for their money on top of the already below-market rates that come with off-plan properties.