Another consideration is investing in off-plan properties. Off-plan properties are those purchased during the construction phase, offering numerous benefits. Investors can secure units below current market rates, and property values typically increase over time.

By the time the project is complete, the property may have increased significantly in value. For instance, if property growth in an area is 7% per year, after three years, it will have increased by 21%. If a property was originally purchased for £200,000, it would be valued at £242,000 upon completion, a £42,000 increase.Off-plan or new-build properties are also more energy-efficient and eco-friendly than older properties.

According to the Home Builders Federation (HBF), new builds typically have an Energy Performance Certificate (EPC) rating of A or B, saving homeowners around 57% on energy costs and emitting 61% less carbon annually compared to older properties.

An increase in Solar Panel and Air Source Heat Pumps as standard in new homes, allows homeowners to generate their own renewable energy with surplus energy being sold back to the energy supplier, and therefore reducing dependency on the grid.  So whether you're just curious or serious about property investment, our team of property investors is here to help through every stage of the process.

The Official RWinvest.com website: https://www.rw-invest.com