Property set for investment rise in Exeter

Property investments are set to rise in Exeter following changes in pension laws with leading housebuilder Barratt Homes already reporting increased interest.

A recent survey by the five star housebuilder revealed that 43 per cent of people would consider property if they were looking to invest £25,000,’’ said Barratt Homes sales director Sara Parker. “And the survey showed that more than 50 per cent believe property is a safer investment than shares.”

She said the survey also revealed that 70 per cent are looking for a regular income from their investment which suggests that property would fit their bill perfectly.

“Although property investors are in a minority the fact that almost 43 per cent would consider bricks and mortar is positive news,’’ said Sara.

“A good rental property makes a compelling investment that can not only offer a monthly rental income but provide the investor with a capital growth and realise a potential return if and when they choose to sell.

“People also believe that bricks and mortar are a safer investment than shares so our role now is to ensure that people can easily be guided through the property investment process.”

Although property investments are set to rise the survey confirmed that savings accounts continue to be the most popular haven for investors in Exeter – despite the fact that property can provide better long term returns.