It is suggested that many landlords are planning to expand their investment portfolio over the next six months. 84 % of investors plan to expand their portfolio through the purchase of residential properties, by the end of the year.
Due to the current economic situation and the harsh lending criteria potential purchasers are finding it difficult to buy property and so therefore have no option but to rent. This has resulted in a huge demand for rental properties, which has been met by a short supply.
This boost in investment purchases will in turn help to have a positive effect on the property market, as supply will begin to rise to meet the current high levels of demand.
At Property People our sales portfolio is greatly expanding and we have properties available now, suitable for personal residential use and for investors alike. Contact us on 028 90 24 00 10 to see what we have available for you!