Insurance News Archive

Buy-to-let investors 'still confident'

Property investors are still pursuing new buy-to-let acquisitions in the UK despite the current economic climate, it has been reported.

According to the Association of Residential Letting Agents (ARLA), investment landlords in the private rented sector are remaining calm, with four out of ten planning to buy property over the next year.

The group's Third Quarter Review published today (September 29th) showed these individuals are not likely to sell off their investments due to falling housing prices but instead look to keep their portfolios for around 16 years.

Findings included the average return for a loan-to-value ratio of 75 per cent was 21.07 per cent.

Head of operations for the association Ian Potter said: "The average investor is cautious, mature and aims to support the Private Rented Sector for the long term by looking for the right property in the right market."

Meanwhile, according to Savills the estate agents, the majority of the public are not aware of buying new property through auctions happening across the country.

29 Sep 2008