12
Jun
Landlords advised to see buy-to-let as long-term investment
Landlords in the UK should view any investment they make in the
buy-to-let market over the long term, it has been suggested.
According to Chris Horne, editor of Property Hawk website, there is
no great cause for concern if this form of investment has not
resulted in high capital returns over a shorter time-span.
"Really a landlord should be looking at the investment over a 15 to
20-year period and that is when they can measure whether the
investment has paid off or not," he explained.
Mr Horne also suggested positive news for landlords in that "rental
profits are actually up 500 per cent over the last couple of years"
when assessed in conjunction with the low interest rate set by the
Bank of England's monetary policy committee.
Another benefit of the low interest rate, remarked upon by
Fish4property marketing director Lisa Walker last month, is the
fact that it has not forced a high number of people into quick
property sales to avoid repossessions.
