Landlords optimistic about future of buy-to-let

Posted: 02 May 2007 11:27:14 GMT

A survey of landlords has shown that there is widespread optimism about the future of the buy-to-let industry in Britain.

A survey of landlords has shown that there is widespread optimism about the future of the buy-to-let industry in Britain.

Coming a week after a study showed that the number of buy-to-let landlords in Britain is set to double over the next three years, the research from buy-to-let broker Landlord Mortgages found that nine out of ten existing buy-to-let landlords expected to increase the size of their portfolios in 2007, What Mortgage reports.

In contrast, only five per cent are planning to sell part or all of their stock.

Lee Grandin, managing director of Landlord Mortages, said: "It is great to see that many buy-to-let investors are feeling positive about the property market and are seeing 2007 as the ideal time to expand their portfolios."

The current trends for property investment returns appear to be positive.

Paragon Investments' latest buy-to-let index shows that returns are at their highest rate for five months, with rents in the last quarter up 8.2 per cent and house prices paid by landlords up 5.5 per cent, leading to a rise in returns of 12.9 per cent in March compared with ten per cent in February.


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