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Posted by Francesca Witney

Buy-to-let property remains an attractive investment option despite the ongoing weakness of the UK economy following the recession.

That is the opinion of David Lawrenson, private rented sector expert at online resource Letting Focus, who believes the current high level of demand for rental homes is indicative that this market is resilient and will continue to be so in the future.

Mr Lawrenson explained the "deep, strong, continuing" requirement of consumers to lease houses shows prospective landlords that rental abodes are a "relatively profitable and secure investment" possibility.

In the wake of the downturn, many people have found it impossible to put together the necessary amount of cash to afford to purchase a home, while those who can afford a deposit are unsure about committing to a mortgage.

Last week (October 14th), the Association of Residential Letting Agents stated the private rented sector could be getting close to capacity in the near future.

18/10/2011 15:37