The credit crunch has obviously had an affect on the housing market and those looking into property investment but, according to a report in the Telegraph, property investment opportunities are still plentiful in the UK.
According to the report in the Telegraph, when it comes to property investment, those in the know are realising that, given the fall out of the credit crunch and the resulting implications for the housing market, the best idea for property investment is to buy houses instead of flats at present. If figures are properly accounted for then there is still ample opportunity to find bargains on the property investment market and find houses that pay for themselves through tenancy.
Property Investment - Do Your Research
Property investment still has plenty of ways of bearing fruit despite the slowdown being witnessed in the property market and many shrewd property investors are realising this and continuing to grow their property investment portfolios. According to the report in the Telegraph, a seasoned property investment professional, Fergus Wilson, believes that talk of a stagnating housing market may be a little misleading and states, "Talk of the housing market falling is misleading. There isn't one housing market - there are two. The house market, which should stay relatively strong, and the flat market, which is as dead as a dodo at the minute." So far as property investment is concerned, those looking to get into this line of work could do worse than listen to Wilson's advice as he has built up a £250 million property portfolio in the last two decades.
Property Investment - Houses Are a Safe Bet
According to property investment expert, Fergus Wilson, houses will continue to be a safe bet in the investment stakes whereas flats may not be at the minute as it is a simple question of supply and demand and he states to the Telegraph, "If you are thinking of buying a buy-to-let flat, I'd say ‘don't'. If you were after a buy-to-let house it's probably a good idea, as long as the price is right." Property investment is all about doing the research into the area and property prices in order to ensure that your investment turns out to be a wise one.
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