Belvoir News Article
17/07/2007 - Professional planning key to property success
Property still remains one of the most popular investment mediums despite recent interest rate rises. Residential lettings and property management specialists, Belvoir, which operates a national network of over 90 offices says that the number of potential property investors remains steady despite somewhat gloomy forecasts.
As property management experts, Belvoir are experienced in advising landlords and potential landlords on how best to manage and get the best returns from their investment.
Belvoir has put together the following advice for anyone who is currently looking at entering the market or planning to develop an existing property portfolio:
- Take professional guidance
- Determine whether this is the best medium for your assets
- Ask yourself how long you plan to invest your money for. Are you looking for a fast return or do you view it as a long term investment?
- Consider how much of an investment risk you are prepared to take?
- If you are looking to expand an existing portfolio, are you looking to invest in similar properties or would diversifying your portfolio yield better returns?
- Take professional taxation advice
- Consider the effects of gearing when deciding on an investment – with some careful planning you could make your assets go much further and potentially generate far larger returns
- Determine your exit strategy before entering the property investment market
Belvoir is pleased to announce that they are able to introduce clients to Partners of St. James’s Place, the wealth management company. St. James’s Place will offer advice to Belvoir clients.
Andrew Chatterton, a Partner of St. James’s Place in the Manchester office has set up a network of colleagues from the St. James’s Place Partnership around the country to service Belvoir clients.
Andrew said: ‘This arrangement will bring together Belvoir’s expertise in property and St. James’s Place experience in wealth management.
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