One of Scotland’s prestigious property titles, The Homeseeker magazine, has reported on advice from Braemore Property Management for investors considering the rental sector.
Braemore, which is Edinburgh’s leading letting agent, recommended that investors consider purchasing properties in the current economic climate – rather than keep their money in low yielding savings accounts or in stocks and shares.
The advice was made by Braemore chairman William Frame, who argued that as interest rates are now at their lowest level in history, there is no point in investing money in banks or the stock market – as investors are unwilling to make any long-term gain on their money. Instead, he said that they should consider buying a property at a bargain price, which they can then sell at a profit in the future.
You can read the latest news in The Homeseeker on its official website cy clicking here or by following this link: http://www.thehomeseeker.co.uk/.