19
May
Optimism among buy-to-let investors 'high'
There is considerable optimism among buy-to-let property investors,
it has been suggested.
According to new figures from the National Landlords Association
(NLA), 57 per cent of landlords polled rated the overall prospects
for their lettings businesses over the next three months as either
good or very good.
This is the highest level in three years, the organisation
noted.
The NLA - which represents more than 19,000 fee-paying members -
cited increased tenant demand as one of the factors behind the
rise.
In addition, hikes in the value of real estate have also resulted
in better capital gains, it said.
Policy manager at the association Chris Norris remarked: "Alongside
a more positive outlook for their own lettings businesses,
landlords are beginning to think more actively about possible
acquisitions in the next quarter."
This trend should be helped by increases in the availability of
mortgage finance on offer, he went on to state.
