The returns for investors seem to be so thin on the ground that BTL property has returned as flavour of the month after its sojourn as "the editorial punch bag and scorn bucket".
After a few years mocking BTL property investing, the financial journalists can't see any better place for the middle classes to place their cash.
BTL is back in vogue for the chattering classes, with the Council for Mortgage Lenders showing buy-to-let lending up 14% on last year.
However landlords should be cautious in balancing rents and interest repayments with signs that inflationary factors are starting to occur. If inflation takes further hold then interest rates will be forced up and rental value might not follow at the same trajectory.
Moneyweeks Bengt Saelesminde has put forward an article warning on the potential risks for investors in BTL property that is worth novice btl property investors having a peruse.
Onwards and upwards.
Wednesday, November 17, 2010
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