Demand makes buy-to-let a good investment
by Daniel Jones
The number of people in search of a house share
or flat share
at the moment makes buy-to-let a pretty sound investment, one expert believes.
Policy manager at the National Landlords Association Chris Norris explained that would-be landlords need to make sure they have a good deposit to access the best mortgages.
"With interest rates as low as they are, you're not going to see great returns on anything invested conventionally - in a bank for instance," he noted.
Mr Norris highlighted that the stock market is not performing too well at the moment either, giving people even more of an incentive to invest their money elsewhere.
Accommodation for Students recently revealed that the cost of a house share
for those heading off to university has increased over the past 12 months.
It found that the average rent for a student stands at £67.11 per week, but rises to £108.03 in London.
Published on: August 19, 2011
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