Buy-to-let landlords continue to seek advice from brokers
News Category: Industry News
Published: 18-Feb-2008
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Buy-to-let landlords will continue to seek advice from brokers when aiming to achieve high returns in the market.
That is according to research from Alliance & Leicester Mortgages, which underlined the importance of the role played by brokers in aiding buy-to-let investment.
As much as 59 per cent of brokers maintained that they would continue to represent a first stop for landlords in search of qualified advice.
A further 20 per cent estimated that landlords would approach them regarding exclusive buy-to-let deals.
Mark Blackwell, director of intermediary sales at Alliance & Leicester, advised that people should see buy-to-let properties as a long-term investment.
He added: "The buy-to-let market will continue to be a significant part of the overall housing market for investors and broker sentiment indicates that buy-to-let will continue to deliver in 2008.
"Those with multiple properties and a higher proportion of fixed-rate lending are most likely to be able to withstand any house price cooling and fluctuating base rates."
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