Landlords are happy to take a long-term view
Published: 18-Sep-2007
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A new report has suggested that landlords and other property investors are keen to take a long-term view of their portfolio.
The Building Societies Association (BSA) used research by Ipsos MORI to produce its new House Price Expectations report and included a section about landlords and other investors.
According to the findings, 89 per cent of landlords think that their property will continue to provide an income for them in their retirement.
Similarly, nine out of ten (89 per cent) investors believe that their portfolio will continue to increase in value as property prices will rise in the future.
Just one per cent of landlords said that they would immediately look to sell properties if house prices started to slip significantly. Instead, 27 per cent revealed that they would look to expand their portfolio in this situation.
Arecent Rics report showed that landlords in the UK are currently enjoying high levels of tenant demand for their properties.
Commenting, Rics spokesperson Jeremy Leaf said: "Current economic uncertainty has created an ideal platform for buy-to-let investors to cash in on rising rental levels.
"Many would-be buyers have decided to wait and see how the interest rate cycle will affect the market."
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