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Assetz For Investors News

Tue, 26 Feb 2008 11:06:14 GMT

Continued Resilience of Buy to Let Market

Stuart Law, Chief Executive of Assetz, responds to the latest report from CML, which suggest buy-to-let lending was up in 2007:

“I strongly support the CML’s latest survey data, which highlights the continued resilience of the buy-to-let market. The supply/demand imbalance is not going to go away and with a number of vulnerable buyers now holding off in the current market, demand for rented accommodation is strong, fuelling robust rental yields.

“The latest findings reinforce the strength of buy-to-let investors in the market place. With lower arrears and lower repossessions reported for buy-to-let investors when compared with the wider mortgage market, it is clear that investors pose lenders a far lower risk.

“We are continuing to witness substantial demand from buy-to-let investors for the right schemes, in the right places and those investors taking a medium to long-term view can be confident of strong returns.”

Risk Warning and Disclaimer : The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz for Investors Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. E. & O. E.

For more information please call us on 0161-456-4000

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