More than 19 in every 20 buy-to-let landlords anticipate their rents will not decline over the next half a year, a mortgage study has revealed.
According to a survey from buy to let mortgages provider Bradford and Bingley, 96 per cent of landlords have predicted the typical rent on their properties will increase or remain static over the next six months.
Meanwhile, it is perhaps not surprising that the majority of buy-to-let investors do not plan to withdraw from the sector in the near future.
The same financing study suggests that 88 per cent of landlords plan to either acquire new properties via buy to let mortgages or hold on to what they currently own in the next half-year.
"Our research findings, based on nearly 5,000 landlords, reveal that confidence in the buy-to-let market remains high and there is very little concern over availability of tenants or rental yields," commented Andy Wiggans, director of mortgages at Bradford and Bingley.
In addition to buy to let mortgages, Bradford and Bingley offers a diverse range of other banking services .
Insurance products, savings accounts and personal loans can all be arranged through the financial services institution.
Positive rental news anticipated by 96 per cent of buy-to-let landlords
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Positive rental news anticipated by 96 per cent of buy-to-let landlords
Thu, 31 May 2007
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