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ACCORDING to property statistics, the buy to let (BTL) business is booming – and Linden Homes is offering investors the chance to watch their money grow.
With increasing demand for rental properties, the award-winning developer is giving investors an opportunity to get a higher return on their hard-earned savings by snapping up a brand new home in Yorkshire and Humberside.
Figures from property website Rightmove suggests that average UK rents have risen by 13.6 per cent since 2009, while capital values in most places have stagnated or fallen. It also predicts another two per cent rise across the country this year.
In addition, the proportion of UK households renting has increased in the past decade from 31 per cent to 36 per cent, according to the latest Census figures.
Linden Homes sales director Steve Woomble said: “With more and more people turning to the buy to let market due to cheaper rates and reduced deposit required – now is the perfect time to invest in bricks and mortar and watch your money grow.
“With increasing demand for rental properties, what better way to invest your hard-earned cash than ploughing it into a brand new property.”
Linden Homes is currently building at a number of locations across the area – including York, Methley, Beverley and Howden.
A typical example of making the most out of a BTL opportunity:
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References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith, Vistry Ventures or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.