Ward&Co. Property investment specialists

Answer: Many first time property investors look to have property close to home, however, this is neither necessary nor, in some cases, desirable. A major part of developing any investment portfolio is to create diversity and spread risk. Different parts of the country experience different influences on their housing market. On this basis it is best to look to a degree of diversity, even including overseas property, to maintain a spread of risk. A good letting agent can take care of the running of your property and we can provide access to a network of letting agents second to none. Having said that, if it is your aim to be a full time landlord and manage all aspects of this business yourself, then keeping all your properties in one area would make sense, but would still mean that you were at risk from local market fluctuations.