29 Sep

Now is a 'good time to buy to let'

Now is a 'good time to buy to let'

Estate agents and landlords who understand the property market and are looking to make an investment should make their move now in the buy-to-let market, according to one housing expert.

Mark Garner, owner of landlord community portal LettingZone.com, said that the best type of property to purchase at present is the two-up two-down terraced houses which are the "bread and butter" of the market.

His comments follow the remarks of the Association of Residential Letting Agents, which recently claimed that the rental market is beginning to stabilise, while the previous fall in tenant numbers is starting to ease.

"If you buy at the right price, from an auction or from a highly motivated seller [with] a two or three-bedroom type property, I think it would be a great long-term investment," stated Mr Garner.

He went on to say that it would be worthwhile for buyers who can afford a deposit to take advantage of the present situation.

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