ARLA cautions investors on property risk

The Association of Residential Letting Agents (ARLA) is advising caution to any investors thinking of looking to the property market as a favourable investment against the volatile equity markets. ARLA estimates the average loan for buy to let property has increased in the last three months along with the downturn of global markets to £102,039 from £76,600 over the three months to end November. ARLA members advanced a total of £430.4m during the winter period versus £334.6m during the autumn. Robert Jordan, president of ARLA said: "Investors forsaking the financial markets for reside...