5 May

Investors encouraged to put money into property

Investors encouraged to put money into property

There is still money to be made in property investment, according to one financial advice website.

MoneyNet claims that despite the buy-to-let market being very different to what it was 18 months ago, profits can be achieved by buyers.

With a reduction in the number of lenders would-be landlords can access, the sector is "almost unrecognisable" from the one that existed in September 2007, the portal explains.

However, this should not discourage anyone considering putting their money into bricks and mortar.

Buy-to-let can still end up being a "profitable medium to long-term form of investment", MoneyNet states, but investors should be aware that there is now a "more realistic" lending structure in place.

Any investors who took out tracker mortgages over the last few years may have been able to benefit from the tumbling interest rates, which now stand at a record low of 0.5 per cent.

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