Stunning 3 bedroom terraced house FOR SALE in Smethwick - £210,000
- Vacant Possession
- No Upward Chain
- Pool Room / Jacuzzi Room
- 2 Bathrooms
- EPC C
- 3 Double Bedroom
Do you have a property rented out and are considering selling it? Are you wondering whether this is even possible or how to go about relieving yourself of the duties of being a landlord? Read this article to find out.
The dream of homeownership has long been a key goal for many in the UK, but in recent years, rising house prices have made that dream more elusive, especially for first-time buyers. Enter the 5% deposit scheme, a government-backed initiative aimed at making it easier for people to buy a home with just a 5% deposit, but act soon before it ends!
It offers a tangible asset, long-term capital growth, and a steady income stream. While it isn't entirely risk-free, the potential rewards of owning rental property often outweigh the challenges, making it a favorite investment choice for many.
Recently, the UK’s central bank lowered its base rate, which directly impacts mortgage rates, borrowing costs, and, ultimately, the property market. This rate cut could signal a positive shift for property prices, meaning your property may now be worth A LOT MORE!