Market conditions 'are favourable to buy-to-let landlords'

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Buy-to-let landlords can seize the opportunity of falling house prices in the UK property market to expand their portfolios.

That is according to the chief executive of Ready2invest Limited, who said that the current conditions in the housing market, created by the impact of the credit crunch, are favourable to property investors.

Speaking in a debate concerning the future of the housing market in Britain, Jonty Crossick maintained that if investors take an aggressive approach to buying, they can secure themselves a number of properties.

He commented: "If you know what you're doing then there's nothing wrong being in a market that adds up and makes sense, you can keep hold of a property long term even if the market goes down for a period."

Mr Crossick said that buy-to-let landlords should ensure that they will achieve an adequate rental income from a property, warning "if you don't stick to the fundamentals then you'll get burnt".

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