Rent generation fuels a buy-to-let bonanza | Mail Online
Rising rents, cheaper mortgage deals and positive house price forecasts are behind a huge resurgence of interest in buying property to let.
Mortgage lenders, brokers and estate agents are reporting a sharp upturn in business as investors take note of Britain’s growing army of tenants. The appeal is clear – rental returns of ten per cent or more are not uncommon, even before hoped-for price increases.
But investors still need substantial deposits to get mortgages. In the current patchy property market they also need to identify the areas and types of property where tenants want to live.
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