Property investment can be a rewarding venture and an excellent long term investment. Benefits from property investment include a steady monthly rental income and appreciation of your property.
Your aim as a property investor would be to have the rent cover your mortgage as well as a steady increase in its value. Ultimately you would want your property to become a loan free asset, this way your property could be a great additional income during retirement, whether you sell it on or keep it on as a rental property.
Investment in property should be treated like a business and examined carefully before committing, but if you have equity in your home and wish to invest it, it could be the way forward for you.
Lenders now have a range of products specially designed for investors as more and more people look at it as a future source of income.