Investors choose property over traditional savings

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Consumer confidence in buy-to-let property has increased over the last few months at the expense of more traditional investment products.

In its latest Savings and Investment Index, Standard Life reveals investment in buy-to-let property has increased by 35%, while interest in products such as premium bonds and national savings has fallen by a quarter. The quarterly report, which was launched in April, surveys over 1,500 people to try and find out what people want to invest in, how they want to invest and their attitudes to saving in general. But in the latest findings, despite an increase buy-to-let investment and personal pensions, the index found the number of people intending to save more falling from 40% to 36% over...

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