Will the interest rate cut affect the buy-to-let market?
Interest rates have now been cut to a historic low of 0.25%, the first cut since 2009. But what does this mean for all our savings and where is the best place to invest going forward?
One option which a lot of people are now looking at, is investing in buy-to-let properties. Our letting departments are on hand to recommend suitable properties so you can gain the highest yield for your investment, which can be upwards of 4.00%. With mortgage rates set to stay at low levels, and interest rates this low, now could be the time to act and start looking at what options are out there.
A specialist area of Henry Adams is our New Homes department. The properties on offer feature fresh neutral décor, brand new appliances and the reassurance of a 10 year warranty, often make a very sensible choice for your buy-to-let investment. We can provide rental values for each of the key local developments for your convenience, so we can help maximise your investment.
The properties are designed with modern lifestyles in mind, featuring sparkling new kitchens and bathrooms which can help attract the best tenants and achieve a premium monthly rent.
If you are considering purchasing a buy to let investment property or if you would like any information or advice regarding residential lettings, visit www.henryadams.co.uk or contact Henry Adams Lettings in Bognor & Aldwick on 01243 538464, email lettings@henryadams.co.uk or visit your local Henry Adams office in Bognor, Chichester, Midhurst, Emsworth and across the region.