Real Estate Investor Magazine South Africa August 2016

›› ›› OFFSHORE WHY BUY IN DUBAI GILES BESWICK Director “Manchester in England’s north-west is currently home to the UK’s highest yields. Investors here can achieve average yields as high as 8% according to HSBC. Savills names it as the UK’s best regional city for investment, while CBRE recently reported that Manchester has received £8.2 billion worth of commercial property investment over the last decade, more than any other city away from London.” www.reimag.co.za JAMES GLEW Director “If you are considering investing in London buy-to-let it is vital to do things right from the start. Investing in a London buy-to-let one-bed apartment typically involves committing at least one hundred and fifty thousand pounds of your own money and taking out a 50% mortgage loan for the same amount. London property investing has paid off handsomely for many people, both in terms of income, capital gains and as a ZAR hedge but it is essential that you go into it well informed.” RJ PALANO Agent “The wise use of leverage is appropriate whereby there is equity in the property, thus liquidity. This means you either buy the house significantly under value or put more money down. Remember, return of investment is more important than return on investment. Liquidity is important as the “winds of change” are constantly blowing and we all need a backup plan.” AUGUST 2016 SA Real Estate Investor 47

Real Estate Investor Magazine South Africa August 2016 | Page 49