Why You Should Be Investing in HMO's In 2023

The world is going through a tough time at the moment. We are facing soaring inflation, rising costs of living and stagnant wages. At the same time, savings interest rates remain low and it is predicted that they will not rise until well after 2022. This makes it imperative for people with bigs sums of cash to invest their money to ensure it is working for them and growing with the rate of inflation, otherwise they will find their money will not get them very far.

Interest rates are low

Current interest rates are at an unprecedented low, they're unlikely to go up, they're unlikely to go down and it's likely that they'll stay that way for a long time. This is why you need to look for an alternative investment like HMO's.

Although you could invest your money in a savings account and hope that the rates will increase, you could be waiting a while. With the current economic downturn there are very few businesses willing or able to offer high interest rates on savings accounts. This makes it an ideal time to diversify your investments or start investing in property. They can offer high return on investment while still investing in a tangible asset.

Inflation is soaring

The value of your savings is eroding. Inflation is soaring.

This means that your freddo just got that much more expensive. When it comes to property investing inflation is a good thing. We buy our asset at one figure and in years to come it is worth more because the value of products has gone up. This also means the value of our debt has gone down, making property investing a good way to prevent savings erosion.

Cost of living at an all time high

• Cost of living is rising.

• The cost of living is rising faster than wages.

It's simple math: More and more people will need HMO rooms because they can't afford the high rents or bills of a flat, so they'll have to turn to alternative housing options like these if they want to stay in the cities they love (or work in).

House prices are dropping

Over this next year house prices are due to drop slightly, this will make it an ideal time to purchase a great investment property. With this expectation it also means there will be a lot of property owners wanting to sell before the market drops. This means there is a lot of movement right now, making it a great opportunity to get a good deal.

Find out how HMO investing can help you offset these problems.

With the cost of living at an all time high, inflation eating away at the value of your savings and most people having no idea how they’re going to retire on their savings alone, it’s vital that you find a way to protect yourself. Investing in HMOs is a great opportunity to get a better return on your money, and it's also an easy way to protect what you have earned.

In other words: HMO investing is an great way to start building wealth!

Join us on our monthly HMO investing webinar to find out how you can get started - https://www.easylivinguk.com/contact