Released on: March 18, 2008, 6:49 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: On the day before the Bank of England monetary policy
committee announces its latest interest rate decision and with the budget just a
week away, it may seem a slightly strange time to think about the long-term.

Press Release Body: On the day before the Bank of England monetary policy committee
announces its latest interest rate decision and with the budget just a week away, it
may seem a slightly strange time to think about the long-term. Yet for those
involved in investing in property, some things are far from ephemeral.

Providing her top tips on what to do and not do if investing in buy-to-let property,
Sylvana Young, chief operating officer at property portfolio management firm Young
Group, listed the notion that it was possible or desirable to invest in the
expectation of a quick return as the top \"don\'t\" in the list.

She said: \"Don\'t expect to get rich quick - UK property investment should be
approached with a long-term view. It is an asset class that in the medium to
long-term has outperformed all other asset classes and I would encourage people to
build a sustainable, appropriately geared portfolio over a number of years.\"

Coming in addition to advice such as ensuring properties are researched well before
buying and that the location is close to amenities such as restaurants and public
transport, Ms Young\'s point echoed advice that has not only been given frequently
but is also now practiced by most investors.

Examples of this are many. The Association of Residential Lettings Agents\' (Arla)
survey in January illustrated that most were keen to make their ventures ones of
extensive duration, with nine out of ten saying they would not sell up their
property for at least ten years. The average investment lasts nearly 17 years and
just two per cent plan to be in the business for less than two years.

Furthermore, clued-up investors have often worked out for themselves how
long-termism can work. Shortly after the Arla survey came out Angela Cook, an
investor from Newton Aycliffe in County Durham, explained to the Evening Gazette why
her investigations had persuaded her that a buy-to-let investment lasting many years
was a better bet than a pension.

She said: \"Before I entered the market, I did a lot of research dating back to the
1950s and found that, in general, every ten years the market value doubled and then
suffered a slight dip.\"

Then there is the recognition that this sort of behaviour is sustaining the
buy-to-let market, with Nationwide senior economist Martin Gahbauer recognising that
as a result \"the long-term investor is in a better position to ride out temporary
periods of weak capital gains\" than those looking for fast returns.

Such recognition of the advantages of this level of commitment indicate the clear
advantages of this investment strategy. The advice given by Ms Young simply
reinforces the message.

Tomorrow may or may not see an interest rate cut, though most suspect not. All eight
experts who spoke to Adfero recently tipped no change, while New Star Asset
management broke ranks with that consensus this week and predicted the unusual move
of the monetary policy committee trimming the base rate two months running.

Next week may see a range of new measures in the budget concerning the property
market, from stamp duty to green homes initiatives. But whether such changes take
place or not, it seems one of the ultimate issues for investors will stay much the
same.

In today\'s world Property investment is an excellent investment option especially
investment in UK

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