Landlords will remain in the buy-to-let market despite turbulence
Published: 12-Feb-2008
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Buy-to-let landlords view the market as a long-term investment opportunity.
According to the Money Centre, more than half of buy-to-let investors anticipate that they will stay in the market for longer than ten years, despite widespread reports of a property slowdown.
A further 22 per cent of landlords plan to remain in the market for a period of eleven to 20 years, while 26 per cent maintain that they will stay indefinitely.
Lynsey Sweales, marketing and PR director of the Money Centre, recommended that buy-to-let investors take a "mid- to long-term approach" to the market.
She said: "Meticulous research and planning, a solid strategy and clear end goal are key to making the most from property investments.
"There will be peaks and troughs in the property market but the right approach and sufficient cash reserves will see investors through bleaker spells."
"2008 is likely to offer opportunities for investors who can capitalise on the uncertainty in the market and continued rental demand," she added.
Hamptons Mortgage's December Best Buy Mortgage tracker found that 39.53 per cent of loans was accounted for by buy-to-let purchases in December 2007.
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