A recent survey conducted by Mortgage Express found that 88 per cent of landlords would like to increase or maintain their property portfolio; up two percentage points from last year. Furthermore, their optimism is not confined to their portfolios. Over 96 percent of landlords expect rent levels either increase or stay the same over the next six months.
The survey also provided some interesting insights into the typical buy-to-let landlord
In other words, the typical landlord is an overly optimistic amateur middle-aged male, who just entered the buy-to-let scam and have no memory of a housing recession. However, that optimism will soon disappear when house prices crash. The buy-to-let landlord of today will become the buy-to-let victim of tomorrow.
That profile fits for the guys who end up in repossession court.
ReplyDeleteThank god, I'm not your average landlord!
ReplyDeleteBut I already knew that, I think?
There are several reasons why we believe investing in buy to let market is, has been, and always will be as good a place for your money as there is out there! Firstly, the worldwide housing market is limited in supply and the population is ever-increasing at an exponential rate. This is true with most local markets as well as demand for housing continues to outstrip supply, pushing prices up and causing cities to expand. Simple supply and demand tells us that as demand grows faster than supply, prices must rise! Of course, investing in the right market and at the right time are integral to your success in property investment. Not all markets are rising, or have good rental returns; but if you are able to find the ones that are, you will do very well in the world of property investment!
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