Will 2009 bring bargains?

Whether you are thinking about purchasing a buy to let property for the first time or looking to expand your portfolio, there is no denying that this is the year to do it. However, it is the opinion of many local experts that there is only a small window of oportunity to 'bag a bargain' before we begin to see prices rising again.

When purchasing any property it is important that you do your homework first but with a local agent on hand this does not have to prove difficult. Staff at City Keys are more than happy to discuss which areas in the city are high in demand for rental and what type of properties tend to prove most popular.

Whilst below market value properties are thought to be the most sought after purchases at the moment we have found that many recent investors have had the opportunity to aquire a better standard of property at an affordable price due to the current market conditions. This in turn allows them to achieve not only a higher rental but a greater potential for the property to raise in equity for the future.

Landlords have many obligations to adhere to and the introduction of new legislation, that is not always promoted very well to the smaller, individual landlord, can cause confusion. City Keys can help you by offering tailored packages to suit the first time investor to the experienced landlord.