by Rachel Crook
Buy to let is still a viable way to make money, even in the current economic and property market climate, it has been stated.
Editor of investor website Property Hawk Chris Horne noted that many people perceive the sector as doing badly because house prices have been falling, but he remarked that there are two ways such investments can make money.
He stated: "One is obviously the capital value of the property, but ironically at the moment many landlords are making large rental profits," adding that because of low interest rates these have risen 500 per cent over the past two years.
Mr Horne added that it is over a period of 15 to 20 years that the value of an investment can be judged.
Chris Horne's comments came after a survey by unbiased.co.uk, which showed that nearly a third of people think buy-to-let is a loss-maker at present.
Published on: June 11, 2009