View more on these topics

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.”

Recommended

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com