Buy to Let Landlords are happy to invest more in the market says new research

09 May 2012 Categories: News

Buy to Let Landlords are happy to invest more in the market says new research

A new research report commissioned by Paragon Mortgages and compiled by BDRC Continental has shown that buy to let landlords are happy to invest more money in the private rental market with the acquisition of additional properties. According to the results of the independent research the average number of properties owned by landlords increased from nine to 10.3 over the first three months of the year. The report also stated that 20% of landlords fully expect to buy additional properties during the next 12 months.

This data is in many ways backed up by reports coming from independent auctioneers, who are seeing an increased number of buy to let investors in the auction rooms. Chris Baguley of specialist bridging loan lender Auction Finance agrees, saying; “savvy investors are continuing to snap up properties and are looking to auction rooms”.

Director of Paragon Mortgages, John Heron, also commented on the findings saying; “It has been a steady and progressive start to 2012. While landlords are still benefiting from attractive market conditions, there is still a long way to go to meet the increasingly high level of tenant demand. More investment across the private rented sector is needed during the coming year to help to meet this demand.”