June 04
Portfolio landlords have been the most
significant trend since the launch of the Buy-to-Let property gravy train. It
is well known that lenders and Letting agents are all reporting that private
individuals who made their first property investment through the Buy-to-Let
scheme are being attracted by the possibility of a high yielding investment,
and the potential of portfolio ownership and the abumdance of
free property managemnet software across the internet, which can be used to run such high yielding businesses.
The disappearance of the traditional inertia which is
usually found in the UK mortgage market is an interesting new trend which has begun to appear. The
newer landlords are busy searching out the most competitive interest rates and
mortgage packages which are available. A greater understanding of the potential
return on investment and achievable rental income has made forced this situation.