Buy-to-let market booming says Assetz

The firm claims a number of factors in the UK property market, including direct effects of the recent credit crunch, are creating one of the most profitable buy-to-let situations in several years. Assetz says high interest rates are causing first time buyers to delay home purchase, increasing demand for rental property and putting upward pressure on rents. Expectations of a base rate cut in the near future are also encouraging for buy-to-let investors and a significant number of forced sellers, expected in the next few months as old fixed-rate deals expire, will mean investors can pick ...