This entry was posted on Tuesday, May 15th, 2007 at 8:43 am and is filed under Property news. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
According to surveys, 25 percent of the landlords who have sold a home in the last two years have benefited from returns of 30 percent or more. At the same time, it was determined that from the 10 percent of landlords who sold their property within this timeframe, only 2 percent suffered a loss.
Those who take the biggest advantage from selling buy-to-let properties are the first-time buyers, who account for 42 percent of the total number of purchasers. They are followed by other owners at 33 percent, while new and current landlords make up for 29 percent of the buyers.
Although this picture looks optimistic, figures point that buy-to-let property prices will stagnate in the near future, so landlords must plan their next steps carefully.