Buy-to-let growth in UK

30

Jun

2009

 HiFX News@ 12:00 AM

The UK buy-to-let market is beginning to show signs of growth, meaning investors may be better off looking abroad for bargains.

According to the latest figures from Young Group's Young Index, there has been a rise in interest in buy-to-let properties in recent months, meaning the market could soon see prices escalating once again.

However, many investors may be able to avoid paying more money by making international money transfers to countries where the market is still bottoming out, thereby purchasing properties to rent while they are at their lowest price.

The Young Index found a growing number of investors believe the UK property market will see prices beginning to rise once again within the next 12 months, meaning the UK property market could become increasingly expensive.

Such growth could also encourage those considering emigrating to make the move while the recession is continuing to keep property prices in other countries down.

The recession has already resulted in many people choosing to make an international payment and move abroad in an attempt to find new employment.

By Paul Jarvis
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