UK property 'is stable investment for landlords'

Posted: 25 Jun 2010 11:09:54 GMT

The UK housing market is a relatively safe bet for landlords who choose to invest in it, it has been claimed.

According to LandlordZONE.co.uk director Tom Entwistle, property is a good option compared to many other assets in an unstable economy.

He remarked: "Low interest rates on savings and the volatile performances of investments, pensions and the stock markets means that UK housing looks a relatively safe investment."

The expert added that rental demand in the country is currently strong and is likely to remain so.

However, Mr Entwistle went on to note that mortgages are still hard to come by for some people.

This is particularly the case for business portfolio landlords, whereas one-off buy-to-lets may have a slightly easier time, he claimed.

His comments came after a survey by Paragon Mortgages, which indicated that 21 per cent of such individuals plan to invest in property during the third-quarter of this year.


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