PFL in the News
7th January 2008
This week – David Austin MD of Property for Life
As the welcome cut in the base rate sink in, there are excellent opportunities for seasoned property investors.
The buy-to-let market looks buoyant, supported by a healthy economy, rising employment levels and high tenant demand. Seasoned landlords will have acquired the equity needed to ride out the hard times and their healthy credit ratings make them attractive to lenders. As a result, they can capitalise on the plethora of competitive deals available from developers.
So now is the time for them to widen their portfolios to protect themselves further against risk. Successful landlords keep the long term picture in mind, wisely investing in areas where rental yields are greater and void periods are lower. Our recent survey shows that some 75% of investors think that now is a good time to buy.
