Given the choice would you rather invest in the Building Society, Stocks and Shares, or property? Doesn't seem like a very difficult decision does it? But there are thousands of people who are not investing in property because they lack the time, expertise and confidence to get started. Since 1988 the property market has been evolving fast. The big change was brought about by the Housing Act 1988. The creation of the assured shorthold tenancy allowed those interested in building up a residential letting portfolio to do so in safety.
Young and highly mobile people are inhibited from buying by the costs and complications together with fluctuations in the market. These same factors create a market for investor landlords who are looking longer term and can ride out bad times on the back of good income, low interest rates and the prospect of long term capital growth. Added to these factors, there is a very real shortage of good quality purpose built apartments in this country.
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