More than a third of landlords look to BTL as long term investment
Research from Precise Mortgages has revealed that one in three landlords entered the buy-to-let market as a long term investment. Reinforcing this long term view by landlords, more than a quarter (27%) of respondents are planning to keep their portfolio beyond retirement, and almost one in five (18%) are holding on to it until retirement. Many are also showing high levels of commitment to their portfolios with many (18%) aiming to increase the number of properties held by one to two per year.
With the rental sector thriving and landlords looking to take advantage of this opportunity, Alan Cleary, managing director of Precise Mortgages, gives his thoughts on this in the following article: