The buy to let market is becoming a more attractive market as the cooling of the residential property market combines with a possible future interest rate cut. Buy to let remains a medium to long term investment, with London and the South-east the most attractive market despite high prices. Savills Private Finance managing director Mark Chiltern believes that returns of 12 per cent per year can reasonably be expected. Chiltern says: “Structured the right way, the mortgage can be paid off by retirement, leaving an unencumbered income producing asset whose returns should track inflation.”
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