Property investment is still the best way to make money…

 

People of working age can save up for retirement in a variety of ways, but almost half of the UK population believe that investment in property will provide the best pay-off.

The Wealth and Assets survey by the Office for National Statistics (ONS) has revealed that 49% of non-retired UK adults chose property as the most sound investment choice for maximising your finances, making it consistently the most popular investment option since 2010.

Employer pensions were the second most popular choice, with 22% of non-retired adults between July 2016 and June 2017 putting it as their top option, followed by stocks or shares with 9%, ISAs with 6% and savings accounts with 5%.

The ONS said: “Since July 2010 and continuing into the latest period of July 2016 to June 2017, the percentage of people identifying property as making the most of their money has been increasing, which may reflect a growing confidence in property prices over this period.”

Figure 2 Opinions on which method of saving for retirement makes the most of money non retired adult population^1^

Despite the difficulties faced by more buy-to-let landlords in recent years, the proportion of people who still put property as the top investment option has grown by 9% from 40% back in 2010-2012.

Nathan Long, senior pensions analyst at Hargreaves Lansdown, said: “The Government’s attempts to make buy-to-let investing less attractive have done nothing to dim the attraction of property as the best way to make most of your money.”

A safe bet

In the same survey, participants were also asked to identify what they considered the safest way to save up for retirement, and property came second on the list, chosen by 30% of people. Employer pensions took the top spot with 40% of the vote, while personal pensions were picked by 13% of people and ISAs got 7% – a significant reduction on the 12% seen in 2010-2012.

However, the scores indicate that perspectives might be changing, as the percentage of people opting for employer pensions remained the same from July 2014-June 2016, whereas the number of people choosing property as the safer option has continued to increase since 2010.

Figure 1 Opinions on the safest way to save for retirement non retired adult population^1^

What this tells us is that attitudes towards property investment remain largely positive across the UK and the asset class is even gaining in popularity as other forms of savings and investments continue to offer only small gains for many investors.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800

ba-

Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator

.

Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.

Login

Not a member? Sign up for free

Property investment is still the best way to make money…

Property investment is still the best way to make money…

Example

By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.