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The Green Estate
Investing in buy to let good idea

For the savvy investor, there is an interesting investment opportunity at the moment within buy-to-let properties, according to one expert. Hazel Reed, co-founder of the Hampshire & Home Counties Property Networking Club, said that although it is not as easy to be a buy to let property owner as it was a few years back, there is still a gap in the market.

She added that because so many people are struggling to access the property ladder, and therefore are being forced to rent, shows that demand will be there for people who invest in buy-to-let property. She further advised that getting a good letting agent will ensure that you can get properties and mortgages.

According to moneyfactsgroup.co.uk, the number of lenders providing deals has risen from 48 to 64 within the year, and the average buy-to-let rate stands at 4.97%, compared to 5.30% of May last year. This marks a significant improvement.

Reference: zoopla
Posted by on 07 Jul 11 14:39


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