You are here: Home - Uncategorized -

Buy-to-let hotspots

Written by:

Growth is continuing in the buy-to-let sector, with some parts of the country performing particularly well, a new survey has revealed.

Early results from a UCB Home Loans survey show that there are hotspots in buy-to-let activity in Swansea, partly due to regeneration of the docks, and Colchester and Chelmsford, because of good connections with London and high levels of buy-top-let investment.

Other areas benefiting from a rise in investment were Rugby, Belfast, Bristol, and Peterborough, UCB Home Loans revealed.

However the report found investment in other areas varied considerably. In London, for example, the research found areas in the East were proving popular with prospects for the Olympics helping to boost interest. However, in some areas, high prices – and consequent low yields – were still dissuading landlords from making purchases.

“Investment activity in buy-to-let property has been particularly strong over recent months, reflecting the trend seen in the second half of last year, when lenders advanced a record 130,400 loans – 39% higher than in the first half of the year,” said Keith Astill, managing director at UCB Home Loans.

He added: “Overall, our research indicates that landlords are taking a long-term view of at least ten years when considering the return they will make from a property investment.”


Tag Box




Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co... Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Home sales surge

The sale of houses in England and Wales jumped by 37% this quarter compared with the same period in 2005,...