Buy-To-Let property- Great opportunities to property owners…

October 17, 2011

CIA Let Property Blog

Buy-to-let property offers great opportunities to property owners

Anyone getting involved with buy-to-let, anyone being potential property owners and investors, should be aware that by getting involved with buy-to-let can offer great opportunities for high profit yields but it can also come with certain risks.

This is the view of the chairman of the residential landlords association (RLA), Alan Ward, Who has spoke about his belief that demand for buy-to-let property from tenants is still there despite the financial crisis. Mr Ward however has reminded owners that even though there is a need for buy-to-let property insurance risks remain the same in terms of rising and falling property values.

Mr Ward said: “There will always be investors moving in and out of the private rented sector because it enables people to control their financial destiny through investment in housing. But the risks remain the same; values can fall as well as rise, as we have seen”.

It has recently been reported that void periods for the vast majority of properties are virtually non-existent.

RLA- Residential landlords association

We hope you found this information useful. Please remember to use CIA Insurance when you or your family and friends need motorcycle insurance, landlords insurance or commercial insurance.

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