B&B: Buy-to-let market "remains buoyant"

10 May 2006
According to a landlord survey conducted by Bradford and Bingley, 83 per cent of landlords say that they plan to increase or maintain their buy-to-let mortgage portfolios in the next six months.

In addition, 85 per cent of respondents also said that rent income from their properties was either the same or higher than it was last year, showing that the boom in buy-to-let mortgages is in full swing.

Andrew Moss, Bradford and Bingley's buy-to-let product manager, said: "Buy-to-let ranks high in the popularity stakes for investors.

"Landlords are benefiting from the continuing rise in property prices and rents mostly staying the same or increasing," he continued.

"Our research findings are clear; the buy-to-let market remains buoyant with high levels of confidence from landlords and sufficient demand from tenants to support this," Mr Moss concluded.

The number of people losing money in the buy-to-let investment market is down by around seven per cent from last quarter, lending further weight to the idea that property investment is still a profitable market.

To read more about buy-to-let mortgages, click here.

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