Steadily moving back upwards as countries across the world begin to plan how to relax their measures, one would expect then the UK to do the same. The best time to invest is when panic sets in and it becomes a buyer’s market – and it’s the same with property.
Taylor Wimpey has announced a phased return to construction that will see its UK sites reopen early next month. We’re already seeing construction sites nationwide readying to begin operating again and plans for larger developments to recommence over the next few weeks.
The best strategy for investors is to see short-term market volatility for what it is and play the long game. We’ve already seen the FTSE 100 34% up from its 5-year low just weeks ago. The same applies to property – there will be short-term ups and downs as we deal with the fallout from COVID-19, but over the longer term the graph will only go in one direction. Vendors keen to do deals now will start to hold on to their asking prices as we begin to exit lockdown – every day is an opportunity missed.
Be confident. He who dares wins. Don’t wait for a second dip in the property market because it may not come. Developers and vendors nationwide are keen to do deals and that plays directly into investors’ hands. Remember cash is king whilst in lockdown – and sellers are listening to offers!
Both our student developments are planning to go back on site within the next few weeks so delivery should not be an issue, and any small delay by the universities will help this. Both schemes are rent assured and have only a few units remaining. Act quick, be confident and secure a long-term income for the future.
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.