Buy-to-let investments 'appear more stable'
by Sarah Ashcroft
People are more inclined to invest in buy to let property due to favourable conditions in the wider financial markets, one expert has said.
As the US has suggested it will not raise interest rates until 2013, this could have an impact on the interest rate environment in the UK, said editor at Property Hawk Chris Horne.
"On top of that, more buy-to-let mortgage companies are coming into the market and obviously there is very strong rental demand as first-time buyers are unable to find their deposits," he continued.
Mr Horne emphasised that buy to let investments will prove a "sure-fire winner" at least in the short term as finance costs remain at a historic low.
Earlier this week, Paragon revealed that 23 per cent of landlords are now feeling more optimistic about prospects for their portfolios than they had done in the past.
In a year's time, landlords expect to have an average of 13.1 properties on their portfolios.
- Property News from Lawpack: Find out how landlords can make money from property investment, whatever the economic climate, with Lawpack's Buy to Let Essentials
Published on: August 12, 2011
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