Buy-to-let 'still offers much for the prudent investor'
Despite a slight decrease in rental yields over the past few years, the buy-to-let sector continues to offer good potential for landlords, it has been claimed.
In fact, Paul Weller, managing director of a letting specialist, explained that landlords who are choosing to sell now are actually creating good opportunities for new investors, Letting News reports.
"A significant number of the landlords who are choosing to sell at this time are doing so because they have held their property investments for many years and want to realise their capital gains," he said, adding that the forthcoming introduction of home information packs could also have an effect.
Mr Weller pointed out that recent research from the Association of Residential Letting Agents indicated that demand is currently far outstripping supply - a further factor which could push landlords into the market.
"However, it is now more important than ever that investors are prudent, take the long-term view and seek professional, specialist advice on where to invest and what type of property to invest in," he cautioned.
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