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Landlord market confidence remains high
Recent research carried out by one of the UK’s largest independent buy-to-let mortgage brokers, The Money Centre, has reported that one in five landlords expect to buy more properties within the next three months.
Although the economic slump has hit landlords in different ways, such as mortgage rates increasing and property prices falling, there is still confidence in the market among UK landlords.
According to the report, buying an investment property now can not only help with the cash flow on other properties, where mortgages may have risen, but also mean good cash flow generally and good capital growth potential for the future.
Lynsey Sweales, director of The Money Centre and herself a landlord, said: “Landlords are in it for the long term. It is vital that landlords continue to buy property not just to expand their portfolio but to ensure tenants have properties to rent and to help the property transaction market.”
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