3 Jun

Landlord website foresees increase in property investment

Landlord website foresees increase in property investment

The current level of property prices - combined with an upturn in mortgage approvals - could make now a good time for landlords to invest in homes.

At least that is the view of landlords services website Smartlandlord.co.uk, which released a statement this week suggesting buy-to-let investment may be ready to increase in the coming months.

With the National Association of Estate Agents indicating that more confidence is returning to the property market - it said the average agent sold ten properties in April - there are a number of factors supporting this view.

"This is what many landlords have been waiting for - to invest in further properties while they offer the best value for money - securing good yields for the future," Smartlandlord.co.uk commented.

Property portal FindaProperty.com released a study last month which showed that May's rental prices did not drop month-on-month - the first time this trend has been noted since August 2008.

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