Monday, 19 November 2012

Landlords turn to property to safeguard retirement - Buy-to-let - Mortgage Introducer UK

Landlords turn to property to safeguard retirement - Buy-to-let - Mortgage Introducer UK

Some 80% of landlords view their property as a supplementary income to their pension, with 6 out of 10 of these landlords actively planning to live off the rental income.Phil Rickards, head of sales at BM Solutions, said: "It is clearly evident that Britain's love affair with bricks and mortar remains strong with many landlords looking at property investment as a supplement to their pension in retirement.“Whilst landlords remain confident in the long term viability of the rental market; with the economic uncertainty in the UK and Europe, landlords are being more cautious and selective in expanding their portfolios."

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