Why Should You Consider Property Investment in the United Kingdom?
Despite rising interest rates and potentially falling house prices, coupled with the pressure from the cost of living crisis, increasing energy bills and the Russian-Ukraine situation, there are predictions that 2022 is the year for property investment. The legacy of a robust property market in 2021 with the significant increase in ‘staycations’, which boosted the appeal of short-term lets, together with a projected economic growth of 3.6% in 2022 has prompted the rising interest in property investment opportunities. So, should you be considering property investment in the future? Why property investment? Inflation is going up; interest rates are increasing; energy prices and the cost of living crisis are hitting people hard, so why invest in property ? A recent survey has discovered that most people still believe bricks-and-mortar is the best investment asset class in the UK despite all of this. Finder’s new survey revealed that 29.6% of people in the UK believe that property will be ...