Great News for UK Investors!
You may have noticed that Axis has placed a significant focus on the USA for the last six months and has had far fewer UK deals to offer clients. If you are a UK investor, read on for important news....
There is no doubt the USA offers exceptional investment opportunities and an increasing number of our clients are taking full advantage of this situation. The window of opportunity to invest in the USA at the lowest possible price is, in our judgement, another 18 months or so.
The UK has not been forgotten!
Axis started life as a sourcing company focused on the UK and we remain totally committed to valuable UK investments. However, the changes in the marketplace have made the acquisition of buy-to-let (BTL) property by investors more difficult. This has been because of the elimination of 'No Money Down' deals, the challenges in the mortgage market, the number of ‘dodgy deals’ and various other issues.
Axis has been determined to only offer UK property which offers exceptional value. We also need to be confident it can be delivered to you, our clients, in a straightforward manner. The result has been Axis rejecting deal after deal - to both our and your frustration!
We have great news to share
From a shortage of good deals to offer, we have been quietly negotiating on some stunning opportunities which will be released over the next couple of months. Our planned releases include in-demand apartments in London at 20% BMV; and high-yielding, new-build houses from just £55,000! Add in new student accommodation with guaranteed 10% net income in a period building and it makes for a real abundance of top quality deals!
How did we do it?
The availability of these deals combines with a loosening of the mortgage market for BTL investors. From a measly 14 products available in the dark days of 2008, there are now 409 products available in the market. This includes recently announced 90% loan-to-value (LTV) products to add to the 80% and 85% products already available.
Obviously these high LTV loans come at a premium pricing, but with rental yields frequently between 7% and 10% gross, they can still make sense if you have restricted capital available.
We think that the combination of better and easier mortgages, along with the current availability of great investment stock at bargain prices, is a unique combination that won't last long. Ultimately, easier finance will increase demand for purchase which will push up prices. Few developers are building new property and the UK is falling further and further behind the real requirement for housing.
Keep your eyes open and be ready to move fast in coming weeks. I'm confident you will like what you see!
Live with Abundance

ROD Thomas FCA
Posted in UK Property News


Christina
Added 18-Aug-2011 09:31
Great news that Axis is now looking at UK properties more than before. The UK is great for investment potential. Thanks for the article.