Does this sound surprising to you?

If you have savings would you buy where you live or rent and invest outside of where you live?

In the higher rent areas right now it’s actually better to rent than buy, this is because interest rates have surpassed the rental ceilings in places like London etc. Mainly because people can only afford to pay so much rent, but interest rates with these big lenders have no limits.

This is why people are starting to invest their money instead of buying their home and investing in places like the North. In fact because of this the North East specifically has had the best capital growth in the last 2 years, 3 x that of London. Because these locations do not get as affected by interest rates. This is why utilising your money properly and understanding the right markets to invest in is so important!

If you’re ready to build a stable financial future and live life on your own terms, click the link in our bio. Choose ‘I want to learn’ to join our free webinar or ‘I want to invest’ for a hands-off investment solution to property investing.

KOVE offers both portfolio building and property training, based in the North East of England in the United Kingdom. Please note, this is not financial advice.

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