More investing in buy to let

TV's Phil Spencer congratulating Belvoir's Rosie Callaway, (right,) and Wendy Hadley, on Belvoir Rugby winning a Gold Award in the Estate and Letting Agent awards (ESTAS).
TV's Phil Spencer congratulating Belvoir's Rosie Callaway, (right,) and Wendy Hadley, on Belvoir Rugby winning a Gold Award in the Estate and Letting Agent awards (ESTAS).

This year could see one of the greatest ever surges in the thriving buy to let investment market.

More and more people are viewing property as a viable way to provide financial security in retirement.

The Government’s well-publicised pension reforms that come into effect in April will give savers unprecedented access to their ‘nest eggs’ and the freedom to seek out alternatives to conventional pension plans, such as annuities and income drawdown.

In addition, rising or stable residential property prices in some parts of the country are providing potential for attractive ‘yields’ from buy to let and national, award winning lettings specialist, Belvoir, is offering expert guidance to anyone new to the sector.

Richard Baker, who owns the Belvoir office in the Eastlands Court Business Centre on St Peters Road in Rugby, said: “By investing in property, pension savers can not only avoid significant fund fees or commissions but, by making all the right decisions, they can secure income and growth from tangible ’bricks and mortar’ assets over the longer term. Savings invested in property can provide a regular income in the form of rent. Properties in an investor’s portfolio should also retain value for when the time comes to sell.”