The
buy-to-let mortgage market is seemingly buoyant, with a recent poll showing 87 per cent of
buy-to-let landlords are planning to extend their
property portfolios in the near future.
Four in five buy-to-let
mortgage holders have said that there is an increasing or stable demand for rental properties, the Mortgage Express Buy-to-Let Confidence Survey shows.
The levels of rent are also either increasing or stabilising, 91 per cent of buy-to-let property owners said.
The positive outlook of buy-to-let mortgage holders is "encouraging", says Andrew Moss, product development manager for Mortgage Express, the specialist
mortgage lender of Bradford & Bingley.
Mr Moss adds that the mortgage lender's analysis reflects this, as the demand for buy-to-let
mortgages is increasing.
"Recently lower interest
rates have also helped boost the sector. Looking ahead to 2006, the A-Day
pension changes should also further help strengthen the market even further," he predicted.
The Mortgage Express buy-to-let survey indicated that southern England remains the top spot for
investment by buy-to-let mortgage holders, with 58 per cent of them choosing to invest there.
Buy-to-let mortgage holders also opt for Wales and the Midlands (26 per cent) and Scotland and the north (21 per cent).
