Friday, 19 January 2018

Landlords look to expand property portfolios

MORE than half the country’s landlords want to buy more properties over the next few months, a new survey shows.

Mortgages for Business said 60 per cent of landlords plan to increase their property portfolios over the next six months, suggesting that the rest of the year will see further expansion for Britain’s buy-to-let market.

A total of 45 per cent are considering a remortgage.

The research also established that landlords favour five-year fixed deals with 95 per cent having borrowed on the properties they already own.

The broker’s managing director, David Whittaker, said landlords seemed to be taking advantage of the low buy-to-let mortgage rates by seeking to build up portfolios containing a variety of property types.


Looking for a job?


We are an approved national training provider, delivering vocational work-based learning Apprenticeships, based in ...


Bench Joiner


• REQUIRED • Bench Joiner Classic joinery — Watlington Carpenter Henley Glass Both PAYE position Van supplied with job ...


Retail Assistsant Manager

Thames Hospice  Retail Assistant Manager  £17,613 per year, pro rata 24 hours per week (3 days) • Permanent New Thames ...