As the rental market conditions continue to improve for landlords as regards positive cashflow from increasing rents and low mortgage repayments we are looking to buy property again. It's starting to makes sense again!
This increased interest on new property purchases will continue to put pressure on the first time buyer market as there is a strong shared property criteria between the two markets.
Citywire predict that Buy to let investors will start to crowd out first time buyers because of their ability to provide larger deposits.
Shop around for landlord insurance
Tuesday, January 18, 2011
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