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&#39Landlords still confident&#39

Over 80 per cent of landlords expect to buy at least one further property this year while 27 per cent plan multiple purchases.

In a survey of 2,000 previous attendees of the Homebuyer Show in London, more than 50 per cent of landlords say they plan to remortgage in the next year while 35 per cent have remortgaged in the last 12 months.

With CML figures showing that fewer than 20 per cent of residential borrowers have remortgaged in the last year, the Homebuyer Show says this implies that landlords are more likely to take advantage of cut-price deals than residential borrowers.

The survey also shows that 72 per cent of landlords expect house prices to grow in the next year and 30 per cent believe the growth will be strong.

Homebuyer Show 2004 director Nick Clark says: “Confidence in the buy-to-let market remains strong, with the vast majority of landlords predicting continuing growth both in property prices and market size.”

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