{"id":6032475,"date":"2020-08-04T12:17:50","date_gmt":"2020-08-04T11:17:50","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=6032475"},"modified":"2023-11-09T16:59:08","modified_gmt":"2023-11-09T15:59:08","slug":"investing-in-a-new-build-make-it-appeal-to-a-wider-range-of-tenants","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2020\/08\/04\/investing-in-a-new-build-make-it-appeal-to-a-wider-range-of-tenants\/","title":{"rendered":"Investing in a new-build? Make it appeal to a wider range of tenants…"},"content":{"rendered":"
New-build homes are an excellent place to start when considering an investment property. But the key to any successful buy-to-let is getting good tenants.<\/strong><\/p>\n With the UK government continuing to target 300,000 new homes a year by 2020, the new-build<\/a> sector is growing. Even in spite of recent events which led to some housing projects slowing their progress, housebuilding levels remain high. This is therefore a huge section of the market to look at for both homeowners<\/a> and property investors.<\/p>\n In a new report<\/a> from Savills, the firm looks in more detail at who such properties are currently appealing to. Likewise, the research looks at who is still opting for existing homes over new-builds, and why. While the research has a focus towards homeownership, it is useful for property investors to be aware of gaps or opportunities in the market.<\/p>\n Savills has highlighted five top considerations for developers to look at within their projects. As the research found that many families were leaving new-builds in London in search of alternative options, this is a key focus of the study.<\/p>\n The five points can also be used to generate interest from a wider range of tenants too, for landlords<\/a> looking at new-build investments.<\/p>\n The Savills study narrows down the ‘types’ of people who opt for a new-build property. Developers targeting the buyer’s market can use these criteria for marketing, but likewise landlords can bear these potential tenant types<\/a> in mind when selecting new-build investments.<\/p>\n Acquiring the right type of tenant for your property ensures that they remain there for longer. Any void period<\/a> in a buy-to-let property investment affects the owner’s bottom line, and therefore retaining good tenants for as many months or years as possible is always the key goal.<\/p>\n New-build properties offer a huge amount of benefits to both the property investor and the tenant. Higher energy efficiency ratings and cheaper bills, as well as the ‘newness’ appeal, attract a wide array of tenants. Likewise, lower levels of repairs and maintenance are a benefit to landlords. Read this article<\/a> for more pros and cons of new-builds.<\/p>\n BuyAssociation specialises in both complete and off-plan new-builds and newly converted property investments<\/a>. Get in touch<\/a> for more information. Alternatively, sign up for free<\/a> to get early access to our best deals, direct from the developer.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" New-build homes are an excellent place to start when considering an investment property. But the key to any successful buy-to-let is getting good tenants. With the UK government continuing to target 300,000 new homes a year by 2020, the new-build sector is growing. Even in spite of recent events which led to some housing projects… Read more »<\/a><\/p>\n","protected":false},"author":1069,"featured_media":5023958,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[2,4,18,6],"tags":[44,10],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6032475"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/1069"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=6032475"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6032475\/revisions"}],"predecessor-version":[{"id":6095953,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6032475\/revisions\/6095953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/5023958"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=6032475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=6032475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=6032475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Five key points making new-builds more attractive<\/h4>\n
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Who chooses to live in a new-build?<\/h4>\n
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Opting for a new-build as an investor<\/h4>\n