Research by GfK NOP involving more than 3,600 landlords on behalf of Bradford & Bingley's Mortgage Express suggests confidence remains high for next year.
Up to 95% of BTL landlords expect to increase or maintain the same number of properties currently in their portfolios – up 9% from the same time last year when asked the same question. More than half, 55%, plan to acquire another property. Just 3% plan to divest their bricks and mortar. Mortgage Express says the findings suggest BTL is still a growth story – as long as the price is right. Other findings in GfK NOP’s research are about two thirds, 66%, see property price as a key factor in any acquisition deal, with 35% believing the condition of the property is key, and the same percen...
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