Landlords will need to seek professional advice in order to maximise their buy-to-let returns in 2008, according to Alliance & Leicester (A&L).
Research by A&L suggests many landlords go to brokers to receive qualified advice and exclusive buy-to-let deals. The survey of brokers found 59% of landlords turn to them to receive qualified advice, while a further 20% are seeking exclusive, broker-only deals. A further 11% also speak to their broker to get the best interest rates available. Brokers believe a third of investor landlords could make an operating profit in 2008, despite the worsening outlook for the housing market, by seeking the right advice. Additionally, brokers say 43% of landlords will make a positive net yield if t...
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