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Posted by Craig Williams

Landlords are set to benefit from increased levels of fluidity in the buy-to-let home loan sector in the near future, an expert has suggested.

According to Chris Horne, editor at online resource Property Hawk, the availability of mortgages for professionals looking to rent out homes is "slowly increasing" in the aftermath of the worldwide economic slump, which, in turn, is making houses "more affordable" for landlords.

Mr Horne explained that while the cost of dwellings may decrease in the coming months, landlords looking for long-term gains will maintain the advantage of being able to buy now and reap the rewards when prices do go up.

He added that this represents the main reason why landlords are able to head back into the market immediately as they are taking a "longer view" that those who are "buying to own and then hoping to sell on".

This follows on from the publication of research by the Mortgage Works, which showed that that 51 per cent of brokers think the number of new landlords will increase in 2011.
 

29/03/2011 15:48