UK second most profitable country for buy-to-let

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THE UK has been named the second most profitable country for buy-to-let investors, suggesting people will be keeping their money closer to home in 2007.

The latest figures released from the Assetz Property Investment tracker reveal the UK has net capital returns of 57pc and total returns of 63pc. It is beaten only by Poland which boasts net and total returns of 165pc. Bulgaria is third on the list with a total return of 54pc with France in fourth place and Turkey in fifth. Assetz said the figures provided strong indications UK investors would be keeping their cash on home territory and benefiting from continued strong and sustainable housing market growth in the UK. Stuart Law, managing director of Assetz, said the growing demand ...

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