Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

4 Tips for Investing in Property

November 24, 2021
Property Deals Insight
4 Tips for Investing in Property - Property Deals Insight
Getting your Trinity Audio player ready...

Investing in property is a lucrative market and a good place to look if you are interested in starting out in the world of investment. We have put together 4 tips for investing in property.

1) Start Out Carefully

If investing in property is new to you, it is critical to start out carefully and spend time on research. It is wise to consider how you will invest in property. For example, buy-to-let, house flipping, and real estate investment trusts are all viable ways to begin. 

You also need to consider your goals and what you want to see as a return from your investment. Do you want rental income, capital growth, or both? It will become easier to find the right property for your needs and wants if you have clear objectives.

2) Research the Location

Location is a key factor when it comes to the success of investing in property! Research market trends in the area and be certain of how desirable the location is. ‘Up and coming’ areas with good facilities and public transport are likely to see house prices increase.

If you are investing in a buy-to-let property, a desirable location can make it much easier to find and replace tenants quickly. Furthermore, if the property market continues to grow in the area, you will have an improved chance of capital gain on your property. Check out our blog on rental yield trends across London Boroughs.

3) Be Clear on How You Will Finance the Investment

The valuation of a property and your personal circumstances will often impact how you finance your property investment. There are various ways to finance investment including buy-to-let mortgages, bridging loans, auction finance and commercial mortgages.

Furthermore, you must consider how you will finance other costs such as legal fees, materials, labour and utility bills. Careful budgeting is key, as these costs will also impact your financing and return on investment. 

A top tip is to compare and research different financing options then work out which is the best fit for you and the property you are investing in.

4) Hands-On or Hands-Off

You may have a higher opportunity to generate profit if you are hands-on with the property. This includes finding tenants yourself, fixing and improving the property through DIY, and maintaining the property. While this can save significant costs, it comes with additional responsibility and is time-consuming. 

On the other hand, you may wish to invest with a hands-off approach. This passes certain responsibilities on to third parties such as letting agencies who can manage the property for you. This may be a more suitable approach if you are limited by time or own multiple properties. However, it will be a costlier option. 

This tip is important as you consider how much income you plan to make from a property investment. Decide which approach you will take, and then factor this into your projected return on investment. 

If you are interested in starting out in property investment, Property Deals Insight gives you a comprehensive range of property investment data and insights. This is a great way to understand the market and know where to invest. Also, click below to visit our page about strategies on how to approach property investment as a professional.