Buy-to-let landlords 'confident' about market

Posted: 12 Mar 2007 16:22:52 GMT

Landlords remain optimistic about the UK property market and are predicting long-term rewards, claims research from the Mortgage Trust

Landlords remain optimistic about the UK property market and are predicting long-term rewards, claims research from the Mortgage Trust.

A total of 75 per cent of buy-to-let investors are planning to retain their current properties for over five years, with 26 per cent planning to keep their first property investment for more than 15 years as the housing market continues to prosper despite recent interest rate rises.

John Heron, managing director of Mortgage Trust, explained: "Contrary to some reports, new landlords are continuing to invest in rental property and the expectation of landlords is that they will hold on to their initial investments for quite a significant time period."

He added: "All in all, the total returns achievable on a buy-to-let portfolio are an attractive prospect for investors."

Landlords are experiencing strong demand for rental properties and there has been a substantial rise in the number of investors considering buy-to-let opportunities as a way of profiting from recent increases in rental yields throughout the UK.


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