A growing number of landlords are choosing to invest in buy-to-let property after receiving advice from their IFA, according to Mortgage Trust.
Research commissioned by Mortgage Trust reveals the number of new landlords who state that they made a buy-to-let investment based on the recommendation of a financial adviser has risen from 8% at the beginning of the year, to 20% in May. The research shows that brokers have a good understanding of the long-term growth prospects of the private rented sector, due to the chronic shortage of housing in Britain. John Heron, director of mortgage for Paragon Group, thinks the buy-to-let sector represents a good investment in the long-term, despite fears that house prices might fall in the short...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes