More Looking to Property Investments to Generate Income

In these challenging economic times, an interesting report has revealed that one in six people are choosing property investment as a pathway for generating income, so we look further into the drivers behind this.

It’s wise however to seek professional mortgage & protection advice before embarking on anything, to find out more about how you can finance and start a buy-to-let portfolio, looking at your exact circumstances and with bespoke advice to fit your precise needs.

The Market Outlook

MFS’ survey has shown a rise in positive sentiment surrounding the UK property market since early 2024, together with a boost in the volume of properties listed in the year to date, along with hopes of a stable economic forecast and predictions that mortgage rates may settle and start to fall towards the end of the year.

However, the report findings also discovered a significant apprehension amongst 56% of property investors, stemming from the economic downturn seen at the end of 2023, and uncertainty over the period ahead, especially the country moves closer to a General Election by next January at the latest.1

Conversely, 54% of those surveyed are anticipating lower interest rates within the year, potentially energising the market. Additionally, 38% foresee a more straightforward experience in managing their property investments in 2024 when compared to the previous year.1

Interestingly, the MFS survey revealed that more than half of engaged UK property investors closely monitor market trends and economic forecasts about property price and rents, to help feed into their decisions on making adjustments to their property portfolio.

The Value of Mortgage Advice

It all goes to show that if you’re considering a new income stream, such as a buy-to-let property, it’s valuable to stay tuned with the market and the bigger picture of what’s going on, to help you make educated decision making on all aspects from funding the portfolio, through to the choice of property, location and much more.

It’s wise however to seek professional mortgage & protection advice before embarking on anything, to find out more about how you can finance and start a buy-to-let portfolio, looking at your exact circumstances and with bespoke advice to fit your precise needs.

The Financial Conduct Authority does not regulate some forms of Buy to Lets. Think carefully before securing other debts against your home/property. Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

We enjoy helping our clients and making them happy 

Our qualified advisors will do all they can to provide help and support when you’re making these important mortgage decisions, possibly discussing alternative routes that you may not otherwise have considered.

We aim to ensure that every client has a happy experience with Mallory and with our consistent 5-star reviews on Trust Pilot we know we’re doing a great job.

Flawless service…I would not go anywhere else in future for any financial advice. You have got 100% excellent service.

Khan, April 2024

Helping you to secure the right mortgage for you

Take a proactive approach 

We can simplify the mortgage process for you and help secure you a great mortgage deal in the process. 

Contact the team on 01565 874 246
Email: hello@malloryfinancial.co.uk 

Think carefully before securing any other debts against your home. Your home/property may be repossessed if you do not keep up repayments on a mortgage. There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £250 to £1,000 and this will be discussed and agreed with you at the earliest opportunity. 

Sources

  1. Market Financial Solutions (2024). Property investment trends in 2024. Available to download at: https://www.mfsuk.com/property-investment-trends/ [Accessed 18 April 2024]
  2. BuyAssociation (2024). One in six adults have some form of property investment. Available at: https://www.buyassociationgroup.com/en-gb/2024/03/05/uk-property-investment-2/ [Accessed 18 April 2024]

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