Equity still a profitable resource for
property investors!
Wednesday 11 th March 2009
Withdrawing equity from your property may be easier than you think according to equity specialist advisors Key Retirement Solutions.
Speaking on the dilemma many homeowners are facing of wanting to release equity from their properties but being too nervous to do so, KRS proved that this is still possible.
That no matter how much your property has fallen in price, there are still opportunities for acquiring equity from your property.
The first point they divulged on this subject was the fact that only 15% of their clients ever choose to release the full amount of equity accumulated in their property.
The vast majority choose to only release a small fragment of this figure, meaning that no matter how much a property is worth now compared to its original investment, homeowners can still unlock the capital they need to support their finances.
Why current property prices will make no difference to the equity you release
In light of the property markets’ repetitive nature to fluctuate following periods of recession, they strongly believe that the equity you take out today will be safely restored into your property long before you consider doing anything else with it. Namely selling it.
Their theory has already been justified.
Over the last 2 months we have witnessed property price increases of 3%, with Rightmove reporting a 17% rise in the number of enqueries they received on their website, when compared to this time last year.
On their own client base, KRS found that their average equity releases reached only £54,000 – a third of the value Halifax have predicted to be the UK’s average property price (£163,996).
So whilst property prices may have fallen by 10-15% in the last 12 months, KRS’s statement proves that there is still potential for substantial equity releases from your property. More so if you invested more than 10 years ago.
So what does this information spell for investors? The incentive to resist the temptation to sell and to instead use their properties for more lucrative means i.e. extending their current property portfolio further.
Something which at Property Mentor they can show you how to do successfully, whilst keeping your rental properties 100% safe and financially secure.
Interested in learning more about how equity can be translated into instant profits within your property investments?
Why not come along to the 2 hour taster session to increase your chances of success.
Click here to book your free Property Mentor Taster Session
or
See what will you learn from Property Mentor investment course
