Why the Bicester market is still undoubtedly an excellent investment

Why the Bicester market is still undoubtedly an excellent investment Believe it or not, the buy-to-let sector is probably more appealing now than ever. Some have indeed been scared off by having to pay an extra 3 per cent on stamp duty and the generally less hospitable tax environment. However, there are fantastic deals to be had for the canny investor who thoroughly researches the market and works with a local expert. The rental market in Bicester is very robust. Rising capital values have led to moderate yield compression but nothing which would lead a professional landlord to alter their strategy. In some areas, yields have strengthened as rents have outstripped price inflation. Over the last couple of years, the rental market in the UK has been levelling out. Whereas a few years ago, the best opportunities for landlords were in London other areas have started to see increasing rental yields as the number of people choosing to rent instead of buy continues to grow. In Bicester the average yield across all property types is 3.7 per cent. Not all landlords are investors with large property portfolios; some are accidental landlords - people whose decision to rent their property is an action of circumstance, rather than design. One example is homeowners who use 'Let to Buy' to purchase a new home. 'Let to Buy' mortgages are aimed at those who would like to buy a new home but may not meet regular mortgage requirements. They receive a mortgage based on the rental percentage of their current home on the condition that the buyer will occupy the new property. Read more...@https://www.alexanderandco.co.uk/market-updates/bicester/318-why-the-bicester-market-is-still-undoubtedly-an-excellent-investment