A study last month by Moneyfacts.co.uk has shown that the number of mortgages on the market is greater than 3,000 for the first time in 15 months and 42 per cent more than were on the market last July.

Recent additions that investors are to note are the introduction of a new 75% LTV product by Aldermore to compete with the likes of Birmingham Midshires, Cheltenham & Gloucester & Natwest as well as the emergence of the first 80% LTV we have seen in a while by the Mortgage Works.

Nationwide also announced today that house prices are 9.5% below their 2007 peak with transaction volumes still relatively low despite a slow return of more sellers in recent months. It is likely that the announcement of anticipated capital gains increases may prompt some landlords with more than one property to sell before tax rates go up which will shift the demand-supply balance back in favour of buyers, halting house price rises.

Buying below market value today and locking away equity is still very wise when taking the medium to long term view, particularly if buying wisely for monthly cashflow as well as growth.

Investment Highlights

• High Standard – Newly Refurbished Apartments
• 5 Minutes from Colchester Town Centre
• £31,250 Below Market Value
• 8% Yield
• Excellent Rental Demand

Please enquire for further details.

Tel:    02089 409 556

Email: Info@ventispropertyinvestment.com

This 3 bedroom house is in very good condition and is located in a residential area a few minutes away from Birmingham town centre. It has been valued at £105,000 with an agreed purchase price of £81,000, providing £24,000 instant equity. The rental assessment on the property is £500 pcm, which will generate a cashflow of circa £170 pcm after expenses.

Deal Summary

Monthly Cashflow

• Rental Income: £500
• Mortgage at 4.79%: £250
• Management: £69
• Insurance: £10

• Net Profit: £171

Buying costs

• Finance fees: £600
• Legal fees: £600
• Sourcing fee: £1,500