23
Mar
Buy-to-let deals 'more competitive'
Buy-to-let mortgage deals may be fewer in number than before, but
those in existence now are as competitive as ever, it has been
stated.
This point was made by National Landlords Association chairman
David Salusbury, who wrote in UK Landlord that the current time is
a good one for investors to buy property.
He suggested that landlords should act like "prudent business
people" in reviewing and developing their portfolios, taking into
account how they find tenants, their facilities and the
competitiveness of rental prices.
"Reducing property prices mean that portfolio landlords should find
opportunities to expand their portfolios if they have funding
streams in place," he concluded.
Last week TV presenter and co-owner of Uber Interiors Melissa
Porter noted that a major demographic trend in recent years has
been an increase in the number of professional single women living
alone, a factor that may influence the development of rental
portfolios.
