Renovating a Property for Profit: A Guide to Property Development

Property, in the grand scheme of things, is one of the most stable and profitable investments you can make. Houses will always be in high demand, and the rate of property value growth typically outstrips the rate of inflation, allowing you to grow your value passively.

Property development

photo credit: Pavel Danilyuk / Pexels

But the last few years have been relatively volatile in the property market. Property values increased significantly over the coronavirus pandemic, before Liz Truss and Kwasi Kwarteng’s disastrous ‘mini-budget’ caused mortgage rates to skyrocket – and caused experts to predict a significant drop in house prices in the coming years.…

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