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How to make a decent income post COVID-19 in the buy-to-let market

How to make a decent income post COVID-19 in the buy-to-let market

Undoubtedly COVID-19 has been the largest challenge the rental property market has had to face in recent years, but aside from the pandemic this market has faced smaller unprecedented challenges and has changed dramatically, so is it still a viable investment choice? Big Roar, a property investment firm with offices in both London and the East Midlands looks at the pitfalls and successes of the market and how it has changed.

The lockdown that caused the entire property market to temporarily cease has had a knock-on effect with buy-to-let landlords, particularly with the pressure they faced during lockdown if their tenants were unable to pay rent due to changing financial situations. The lockdown caused many buy-to-let landlords to cease their growth plans or in some cases reduce their portfolio to stay financially viable. However, despite these challenges wider research shows there are promising times ahead and these next few years can provide plenty of opportunities providing landlords are agile.

Buy-to-let property investment should generally be seen as a mid to long term investment strategy to take into account peaks and troughs in the rental market, new regulations, trends in rising property prices and the recent stronger shift towards rented accommodation.

The number of householders occupied by private rented in the UK from 2000 to 2020 has more than doubled from 2 million to over 4.55 million, with a slight decrease in 2020 in which it is highly likely the worldwide pandemic had a part to play as it affected the majority of sectors and every day lives globally for the past year.

We have a range of high quality investment opportunities ranging from luxury lodges, new build developments and buy-to-let properties. See our latest investment here

Invest in the UK staycation boom with our short-term holiday luxury lodges.

Invest in the UK staycation boom with our short-term holiday luxury lodges.

As the lockdown restrictions across the UK ease following a year of staying home and staying safe under the COVID-19 pandemic, UK staycations are set for another boom. So, is 2021 the right year for you to invest?

Demand for holiday rentals in the UK have been rising steadily in recent years and due to the events that have unfolded over the last year with COVID-19 restrictions a further surge in bookings for short-term holiday rentals is predicted. Due to travel industry still expecting international travel to face certain restrictions and uncertainty still faced with overseas variants of COVID-19 it is likely that over the following few years more holidaymakers will choose to stay in the UK.

After a year of lockdown, a UK staycation is the ideal way to spend precious time with loved ones and family. Additionally, in many cases short-term UK holidays can occur with little or no human interaction making it an ideal escape under COVID-19 restrictions.

Over recent years many buy-to-let landlords have branched out into short-term lets as holiday rentals have the potential to be lucrative investment decisions, especially in the right location. It is more common for holidaymakers to want a touch of luxury to their staycation and look to replicate the glamour that is often found overseas. Luxury rentals, in particular luxury lodges like our latest investment opportunity have luxury in abundance from the interior fit-out, to the modern exterior allowing holidaymakers to relax in style.

In 2020 ‘minications’ started to become popular with last-minute getaways being booked with the changing of restrictions. A luxury lodge in a secluded hideaway spot with an abundance of amenities and activities nearby will undoubtedly be a popular choice for UK staycations.

Many of these holidaymakers are looking for a comfortable base to relax with an a nearby area to explore a range of outdoor activities as well as the luxury comforts of a gym, restaurants and children’s activities. To achieve a successful holiday-let investment the property needs to be accompanied by a fantastic area with an abundance of amenities and entertainment for the whole family.

The benefits of investing in short-term holiday lets

If the investment is done right, landlords can earn significantly higher yields for short-term holiday rentals than long-term rentals. Many holiday lets make more in a week than a buy-to-let rental makes in a month. Additionally, furnished holiday lets come with certain financial and tax benefits too.

Our luxury lodge investment opportunity is available with finance packages to help you secure the investment and can offer a rental yield of 8%. The investment deal also comes with

Investing in the UK staycation boom with a luxury holiday let can be a great way to diversify your property investment portfolio. On top of that, Brexit and COVID-19 are expected to further strengthen this market. Poor exchange rates have made staycations more attractive to UK holidaymakers causing a further boom in UK tourism.

Big Roar offer a range of investment opportunities and alongside our traditional build-to-rent and buy-to-let investment opportunities there is a large portfolio of short-term rental investments. Sign up for free to receive full information on our Luxury Lodge investment opportunity.