Buy to let landlords 'investing in property'

22 February 2010

Written by David Whittaker

Buy to let landlords may have increasingly invested in residential property as an alternative to saving money in bonds or shares.

This was the finding of Halifax's buy to let performance research, which said that landlords may have made total returns of 187 per cent over a decade.

In a ten year period to December 2009, the price of property in the UK had increase by 105 per cent.

Group economist at the organisation Martin Ellis told the Financial Times: "Property has still delivered good long-term gains despite recent turbulence."

UK shares may have given investors poorer returns than they did in previous years, whereas buy to let property was performing relatively well.

Landlords who took out buy to let mortgages may have seen the highest percentage of returns on their investments, the publication noted.

Other attractive investments may be found in rural property, which the Royal Institution of Chartered Surveyors recently found to be increasingly popular.

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