Professional landlords will expand or maintain their buy-to-let portfolio in coming months, a new survey has found.
Research undertaken by the Mortgage Works reveals that 44 per cent of brokers believe that investors will obtain more buy-to-let properties .
The same proportion expects that buy-to-let landlords will maintain their current level of investment .
Just 12 per cent of respondents said they expected the group to sell some of their properties .
Andy McQueen, managing director of the Mortgage Works, said: "Intermediaries are on the frontline of the mortgage market and so are well placed to assess the prospects of professional landlords."
Mr McQueen added that experienced buy-to-let investors might be able to find "excellent opportunities" to snap up bargain properties as the housing market falls.
However, the market may not be suitable for first-time investors to enter the buy-to-let market, he concluded.
Earlier this month, Diarmid Mackenzie Smith, lettings manager for Rettie, claimed the credit crunch will be good news for buy-to-let investors in Scotland .
Buy-to-let investors set to expand portfolios
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Buy-to-let investors set to expand portfolios
Thu, 24 Apr 2008
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