Buy-to-let market 'better investment than cash, shares or bonds'

Posted: 23 Feb 2010 10:05:30 GMT

Landlords who have bought properties in the buy-to-let market may find they see a good return on their purchases, as new research has revealed that residential housing has been a "better investment than cash, shares or bonds" over the last ten years.

The figures from Halifax showed that buy-to-let landlords could have made a profit of up to 187 per cent in the ten years up until December 2009, reports the Financial Times.

Martin Ellis, group economist for the bank, said: "Property has still delivered good long-term gains despite recent turbulence."

Notwithstanding the fall in house prices that were seen in the UK between 2007 and 2009, the research found that property values rose by 105 per cent during the last decade.

And it would appear that people are feeling confident about property continuing to be a good investment - a recent study by Paragon Mortgages revealed that ten per cent of landlords are looking to expand their property portfolio during the first three months of 2010.

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