Apparently, 38 per cent of property investors believe that 2007 will see an increase in the value of their portfolios . The news came following a poll by popular buy to let mortgages provider Paragon Mortgages .
The survey found that a further 50 per cent of landlords thought that their portfolios would remain steady, whilst less than one in every twelve foresaw a decrease in value. The news will buoy the buy to let mortgage market, one of the best performing investments during the last decade.
The managing director of Paragon Mortgages, John Heron, reportedly said: "In 2007, landlords are looking forward to both a rise in the value of their existing portfolio, as well as being able to expand them by investing in further properties ."
There are two ways in which buy to let investors can increase their portfolio value. Capital appreciation is one, and further investment is another. Buy to let, it seems, remains as solid an investment as ever.
Renewed confidence for buy to let mortgage market
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