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Buy to let set for decade of further growth – Charcol

As many as 300,000 more properties will be bought as buy to let investments over the next decade, according to a report from Charcol in conjunction with independent research agency, Mintel.

The report forecasts an 8 – 12 per cent jump in number of properties bought to let, and says that two thirds of landlords are in the market for a decade or more.

It states that the recent yield dip is due to reverse next year as rents edge up.

Charcol senior technical manager Ray Boulger says: “Theres been plenty of speculation about jitters in the buy to let sector, but a convergence of socio-economic factors suggests strong prospects over the next decade, and two out of three landlords say theyre in the market for at least this long. The reasons for the recent yield dip are clear, but as Base Rate peaks, the housing market steadies, and rents edge up, landlords will enjoy healthier returns.”



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