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Expert: More landlords to enter buy-to-let market

Ylr-news-800617694

Posted by Mark Cunningham

The number of landlords present in the buy-to-let sector is set to increase in the near future because property is widely perceived as a safe investment following the global economic downturn.

That is the opinion of independent industry expert Malcolm Harrison, who has noted that the transparency of making purchases in this market is attractive for the majority of professionals searching for a secure investment arena in the wake of the recession.

Mr Harrison explained that anyone who hasn't had their "ability to make money" adversely affected by the slump will be eager to use property as an investment option in the coming months.

"It is something that they can control and they are not handing their money over to a fund manager," he noted.

This comes after research by Savills published last week (July 6th) showed that prime London rent prices increased by 1.8 per cent in the last quarter.
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11/07/2011 14:59

News category: Property

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