Buy-to-let landlords set for good return
22 February 2010
Residential housing has been a “better investment than cash, shares and bonds” over the last ten years, according to the latest figures from the Halifax.
As a result landlords who have bought properties in the buy-to-let market may experience a good return on their investment, with a possible profit of up to 187% in the decade leading up to December 2009.
The group economist for the bank, Marin Ellis, stated: “Property has still delivered good long-term gains despite
recent turbulence.”
Although property prices took a tumble in the UK between 2007 and 2009, the total value of houses roses by 105% over the ten year period, inspiring confidence in current landlords who are considering expanding their portfolio during the early part of 2010.
Source: House Ladder
Disclaimer
These particulars are intended only as general guidance. The Company therefore gives notice that none of the material issued or visual depictions of any kind made on behalf of the Company can be relied upon as accurately describing any of the Specified Matters prescribed by any Order made under the Property Misdescriptions Act 1991. Nor do they constitute a contract, part of a contract or a warranty.
