James Davis of UPad on Retirement ‘buy to let’

James Davis of UPad has this to say about using buy to let as part of your retirement plan:

“The current economic climate has meant that now, more than ever, many of us have had to diversify our investments. And, the last two years have provided clear evidence that a policy of investing in stocks and shares alone is not sufficient – particularly those looking for an additional retirement fund.

The rental sector provides many opportunities; buy to let investors have the potential to benefit from a regular income, as well as capital appreciation.

Student lets are expected to double by 2020, so this could be a good market to look at, as well as single dwellings. The rental market is picking up, and where house prices have experienced a real dip, now could be the time for those who are retired – and potentially cash rich – to diversify their investments and look at building up a buy to let portfolio. They just need to remember to approach this as they would a business.”