New ‘pension freedom’ enables people to invest in the property market

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New ‘pension freedom’ enables people to invest in the property market

From April 6 2015, new ‘pension freedom’ rules will come into force. This will allow over-55s to access all their retirement savings in one go, making buy-to-let investment an affordable opportunity for a lot more people.

Over three quarters of current landlords already see their investment in property as a pension pot.

This new reform means that any saver looking to invest in a buy-to-let can utilise a sizeable amount, if not all, of their pension money to gain maximum returns. It’s just another sign that property investment is miles ahead of most other forms of investment revenues.

What’s more, long-term house price growth has reached an impressive six per cent per year, and average house prices have risen by more than seven per cent in the past year, making buy-to-let an attractive proposition for most.

If you’re thinking of investing in buy-to-let properties in Newmarket, call Beth on 01638 661 375.