Buy-to-let investors confident of more returns
30th June 2008
Confidence is high among buy-to-let investors that tenant numbers will increase in the coming months due to the instability in the housing market, new research has shown.
According to the research conducted by Paragon Mortgages, the average annual void periods have fallen to their lowest level since early 2005 and more than 50 per cent of landlords believe tenant demand will grow over the coming year.
John Heron, Paragon Mortgages managing director, says: "We have consistently said that buy-to-let has strong counter-cyclical qualities and we are now seeing concrete evidence of this.
"Potential home buyers are postponing purchasing decisions because they either feel uneasy about the current market or they simply can't get a mortgage, so they are renting."
He also attributed a strong demand from students, immigrants and "people that choose to rent as a lifestyle choice" to the increasing demand for private rented accommodation and predicted the trend will continue.
Another study of the last 12 months by the same organisation last week revealed a profitable year for investors with buy-to-let investments.
Would you like to start a portfolio or increase you current portfolio? Simpli Group Property have a range of UK Properties available as an investment or as a second home. (www.simpligroupproperty.com/propertydetails.php?pid=18)
<< Back to News
UK Property Investment
30th June 2008
Confidence is high among buy-to-let investors that tenant numbers will increase in the coming months due to the instability in the housing market, new research has shown.
According to the research conducted by Paragon Mortgages, the average annual void periods have fallen to their lowest level since early 2005 and more than 50 per cent of landlords believe tenant demand will grow over the coming year.
John Heron, Paragon Mortgages managing director, says: "We have consistently said that buy-to-let has strong counter-cyclical qualities and we are now seeing concrete evidence of this.
"Potential home buyers are postponing purchasing decisions because they either feel uneasy about the current market or they simply can't get a mortgage, so they are renting."
He also attributed a strong demand from students, immigrants and "people that choose to rent as a lifestyle choice" to the increasing demand for private rented accommodation and predicted the trend will continue.
Another study of the last 12 months by the same organisation last week revealed a profitable year for investors with buy-to-let investments.
Would you like to start a portfolio or increase you current portfolio? Simpli Group Property have a range of UK Properties available as an investment or as a second home. (www.simpligroupproperty.com/propertydetails.php?pid=18)
<< Back to News