Letting Agents And Property Management In Blackpool
DY Property purchases provide you with the best investment opportunity for your money. Most of the richest people in the world have made their fortunes in the property market. This being the case, let's have a deeper look into property portfolio building.
Money in the bank earns interest, but with poor interest rates and taxation, hardly any worthwhile gains are made. If you invest that money in deposits to purchase properties instead, the power of leverage that property investment provides, will earn you increased value on your properties, not just your money alone.
Regular rental income will lower mortgage repayments and the surplus builds in your current account. At the same time your properties are increasing in value each year. Even during stagnation your property holds its value and starts to increase in value when the property market takes off again.
Property has shown consistent growth over the last 50 years. People have invested in pensions for years only to see their expected returns dwindle and in some cases disappear completely. Compare this to buying a rental property. The tennants rental payments are paying YOUR mortgage. As each year goes by your property goes up in value and your loan reduces. At the end of your loan term you have a property which you can:
2. Continue collecting rental income with no mortgage to pay
3. Re-mortgage to release funds and the tenants pay your mortgage
Sounds to good to be true!
Well every investment has its risks, but with our knowledge and experience of the local rental and property markets, we can take most of that risk away.
304-306 Church Street Blackpool Lancashire FY1 3QABlackpool, North West
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