BTL Investors Look at Essex as their Next Asset
It has been revealed that buy-to-let investors are looking to Essex as the home of their next asset.
With the Crossrail train service, and the DP World London Gateway development, the county should see an increase in investment, jobs, and new residents.
Beresfords, estate and letting agency in Essex, claims that applications by buy-to-let investors have risen 40% in the past year.1
Managing Director of Beresfords, Paul Beresford, says: “Essex towns are attracting a large pool of professional tenants and many local investors have identified this and are keen to get the best return on their savings, and at the same time augment their pension.”1
The amount of recorded first time buyers has also grown by 13%, as annual sales agreed have risen by 21%, says Beresfords.1