Landlords confident about the future of the buy to let market

Despite recent rate rises, property investors are confident about the future of the buy to let market. Recent research by a large specialist buy-to-let broker, revealed almost nine in 10 respondents are intending to expand their portfolio in 2007. Find a new mortgage deal Of those, 55 per cent are intending to invest in one further property, 39 per cent are buying a further two to four and 6 per cent are expecting to purchase six or more properties this year. Only 10 per cent of investors are choosing not to expand their portfolio in 2007. Another vote of confidence in the buy to let market revealed by the research is that only 5 per cent of landlords say they are intending to sell any of their investments in 2007 – which is in stark contrast to pundits who have forecasted landlords abandoning the market in droves. The remaining landlords are planning to keep their current portfolio. Landlords are also positive about the future of the property market as a whole, with 70 per cent expecting house prices to rise, and a further 20 per cent predicting there will be a significant rise in prices throughout the year. Only 10 per cent of landlords believe we will see a drop in the buy to let property market.

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