Off-plan property investment has become a popular option for investors looking to benefit from the strength of the UK real estate market.
The growth of this type of investment has been driven by demand among both property developers and global investors.
The onset of the global financial crisis in 2008 led to many banks and traditional lenders becoming increasingly reticent when deciding whom to loan money to – a trend that impacted construction firms and developers just as it did consumers and investors.
Consequently, with huge demand for new-build projects across the UK, there has been a rise in the number of “investor-funded” or “buyer-funded” developments, where individual or institutional investors take the place of the banks to help in the provision of capital for the completion of a project.
There are several reasons why investors, meanwhile, have been eager to seize off-plan opportunities. For one, developers offer up to 15% discount on the price of the asset for those who invest during the construction period.
Furthermore, some off-plan investments also deliver regular returns on the initial outlay, enabling investors to benefit from an income during the development phase, before then taking ownership of the finished property.
At Experience Invest we specialise in off-plan property investments. But we know that for many investors – both in the UK and overseas – who are new to this type of investment, it can be a daunting step to take.
But fear not, we are here to help!
Experience Invest’s new guide outlines all the necessary preparation you should undertake before committing to an off-plan property investment.
We will walk you through how to find the right type of property in an ideal location, and how to ensure you are partnering with developers on a project that will help you achieve your financial goals.
Click here to download Your Guide to Off-Plan Property Investment.