pinpointed as the top buy-to-let investment place
Throughout the whole United Kingdom,
Wales has been singled out the best area for buy-to-let
investors, more news revealed.
The Paragon Mortgage
lender has put forward figures for buy-to-let appreciation
and has concluded that Welsh property has increased by nearly
18 per cent in the last 12 months.
Benefiting investors, mortgage statistics
reveal that rent has increased by an average of 33 per cent, leaving
investors with a good comfortable asset.
Managing director from Paragon Mortgages,
john Heron stated totals by pointing the countries positive economic
backdrop under large increase on tenant demand.
He spoke, "Rents in rising strongly
in Wales but so are property values, although to a slightly lesser
A guardian stated that many first-time
buyers were looking into buying a property to rent even before
settling in their own home, they clearly are seeing the future
benefits and want to take advantage of house inflation.
Having a standard rental income
and taking advantage of property inflation, the statement stated
that these buy-to-let
investors were thinking to make a small deposit for
a home for themselves.