Buy-to-let market set to 'surge'

05-Mar-2007

Britain's buy-to-let market is predicted to grow significantly, according to new research, which could be of interest to first time buyers looking to invest.

According to a study by Alliance & Leicester, in conjunction with the Centre of Future Studies, the buy-to-let market - which may include first time buyers looking to invest - could grow by 41 per cent by 2016.

"Demand for rented property has been growing steadily in recent years and returns on buy-to-let have increased," said Stephen Leonard, director of mortgages at Alliance & Leicester.

"Growth is expected to continue - as the number of renters rises further and buy-to-let becomes even more attractive," he added.

Britain's renewed growth in the buy-to-let market has been attributed to a number of core drivers, including the growing attractiveness of renting to younger people and the rising number of students and single people preferring to rent.

To find out how to get onto the property ladder by buying to let in a different location click here.

Alliance & Leicester offers a number of mortgages, including those specifically for first time buyers.

2012: May | Apr | Mar | Feb | Jan

2011: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2010: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2009: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2008: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2007: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2006: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan

2005: Dec | Nov | Oct | Sep | Aug | Jul | Jun | May | Apr | Mar