PRIVATE investors are more confident than IFAs on the prospects for buy-to-let property, believing it will be the best performing asset class this year, according to new research by New Star.
Confidence in the buy-to-let market has grown by 33pc since the asset manager carried out a similar survey in 2005, despite last year seeing two interest rate rises and a further one in 2007. UK commercial property was second favourite for private investors, with 15pc of respondents believing it would outperform. UK equities received 6pc of the votes, while bonds, cash and global equities each took 5pc. A separate survey of advisers, also by New Star, showed they believed equities would be the best performer this year followed by commercial property, fixed income, residential property...
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