Confidence in the housing market, and stable interest rates have led to an increasing number of landlords expanding their portfolios in the buy-to-let market, new research reveals.
The latest survey from the Mortgage Trust claims 30% of landlords, almost double the number 18 months ago, state they are currently buying more property. In fact, over the next year landlords expect to expand their portfolios by approximately 14%, which equates to an average of one property per landlord, says The Mortgage Trust. This appetite for investment growth is set against a backdrop of positive expectations for house prices, 83% of respondents predict they will rise by 2% or more over the coming year. Meanwhile, rental returns remain stable, with yearly rents currently standing a...
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