Buy-To-Let Mortgage Service CHG

Buy-To-Let Mortgage Service Says Landlords Will Invest

The buy-to-let mortgage service says virtually half of BTL landlords (42 per cent) intend to invest in additional properties this year.

The buy-to-let mortgage service quarterly survey also found that of those landlords investing in more properties, 79 per cent have no intention of selling any of their existing portfolios.

Over half of landlords who are planning to invest more in ‘bricks and mortar’ this year have 11 or more properties.

21 per cent of respondents said they have not made any decisions on whether to buy extra properties and most will be waiting to see what happens in the market.

On the other hand 37 per cent of those not investing further are perfectly happy with the state of their existing portfolio, of which nearly two thirds (64 per cent) are not planning to sell any properties.

A spokesperson for the service, says: “Rather than a ‘mass exodus’, this latest data shows a real statement of intent among landlords to not only maintain their existing portfolios but to expand. This is hugely encouraging given the myriad of challenges facing landlords and the wider buy-to-let sector.

“Landlords will be encouraged by the news of rates trickling down recently. With the new year bringing lots of positive indicators for the year, plus strong rental yields still reported by many respondents, landlords clearly have the confidence to push ahead with expansion plans.”

Blog Post from PIMS

See details of our Guaranteed Rental Income Scheme here

If you have any comments, please email the author of this article and click on the link above

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors



Registered Office: Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN | Registered in England and Wales | Registered Company No. 3961047 | VAT Registration No. 752 6015 48

 

Social Media Auto Publish Powered By : XYZScripts.com
Google Rating
4.8
Based on 109 reviews
js_loader