Property buyers update!

In case you’re thinking of investing - we’ve just had an update from our property buyers and property managers in each city, which is well worth sharing with you.

BUYING. The level of competition we experience when buying has dropped by around 50% in recent weeks. That’s quite normal for this time of year as we move into summer, and the holiday season kicks in. Buying in a quiet market is always a smart thing to do.

YIELDS have jumped by an amazing 20% in some cities, because of a combination of being able to buy really well and because of high rental demand and rising rents.

OCCUPANCY. 85% of new investor properties have rented before renovations are even complete. Most Scottish cities / areas are running at 100% occupancy. We even have tenants waiting for newly renovated properties to become available.

So how can you take advantage? If you’ve been holding off, it’s worth acting now, for sure. I’d be happy to share the best opportunities we’re being offered as an investment.

Kind Regards

Charlotte

PS Latest Halifax stats show prices rose by 1% in June.