Gladedale reports upturn in buy-to-let market

Gladedale in North East England is experiencing an upturn in the Buy-to-Let market with investors looking to benefit from the increased yields available on rented properties.

The leading housebuilder – part of the Gladedale Group - has seen a marked increase in the number of people buying property as an investment since the turn of the year.

Richard Jones, Sales Director of Gladedale in North East England, said: “People are again looking to property as a sound investment for their money.

“The combination of low interest rates and excellent deals on new build homes is ensuring a higher yield with investors being able to make yields of around 6%.

“The current Bank of England Bank Rate is just 0.5%* and a number of people who have invested in stocks and shares have lost significant sums of money.

“The current economic climate has also meant that many people have found that they are unable to buy a new home and they have chosen to rent a property instead.

“As a result investors are turning to property as not only do they see a return through the rental income but they also have the property as a long term asset.”

With prices starting from £69,995 and as little as £52,496 using the no deposit scheme, Gladedale homes across the region represents excellent value for money and offers a striking selection of homes.

For information on all developments in the North East England area, visit Gladedale.com.

* Bank of England Bank Rate at 11th March 2009.