Most investors hold on to their properties, for their pensions
Friday, February 29, 2008
According to an industry expert, most investors, with buy-to-let properties are opting to stick on to their investments, for their pensions.
The expert, who is the Editor of an independent property advisory website Property Hawk, has claimed that most property-owners look that their investments as a long term investment. His claims are backed by the investment specialists Scottish Windows, which also claim that by the end of last year, returns on foreign property investments are being used by many Brits to fund their retirements.
The Editor of Property Hawk, Chris Home, said "Property is one of those things, which has plenty of opportunities. There is a standard adage which goes Landlords make their profits when they buy, not when they sell."
He continued, "Potentially, making money can be done even in a stagnant or even in a market with a slightly downward trend, and I guess many landlords still seek such opportunities."
As per the survey report by the Association of Residential Letting Agents, nine out of ten landlords do not have any intention to sell their properties in 2008, despite market uncertainty, while four out of ten are planning to buy more property.
During early part of this year, BuyAssociation, a property website, offering impartial overseas property advice, has reported that Brazil will offer many interesting property investments in 2008.
Social BookmarkingThe expert, who is the Editor of an independent property advisory website Property Hawk, has claimed that most property-owners look that their investments as a long term investment. His claims are backed by the investment specialists Scottish Windows, which also claim that by the end of last year, returns on foreign property investments are being used by many Brits to fund their retirements.
The Editor of Property Hawk, Chris Home, said "Property is one of those things, which has plenty of opportunities. There is a standard adage which goes Landlords make their profits when they buy, not when they sell."
He continued, "Potentially, making money can be done even in a stagnant or even in a market with a slightly downward trend, and I guess many landlords still seek such opportunities."
As per the survey report by the Association of Residential Letting Agents, nine out of ten landlords do not have any intention to sell their properties in 2008, despite market uncertainty, while four out of ten are planning to buy more property.
During early part of this year, BuyAssociation, a property website, offering impartial overseas property advice, has reported that Brazil will offer many interesting property investments in 2008.
Labels: Investment-property
