Buy to let property 'bargains' to be found

28 September 2009

Written by Gavin Elley

Following the right procedures could result in landlords finding bargain buy to let properties in the next two years, it has been suggested.

Careful consideration of property type, location and initial yields during the home-buying process will help would-be investors get a good deal, according to Tom Entwistle, editor of landlord website LandlordZONE.

He said that "selective buying of the right types of property" could result in buy to let investors with adequate resources purchasing bricks and mortar for a suitable price.

In further advice to professionals in the sector, he explained: "There are many positives for the UK residential property market over the coming years, so landlords should hold on if they can, focusing on good tenancy management and income."

Buy to let property hunters should be aware that Halifax's House Price Index for August found the average UK home to cost just over £160,000.

Meanwhile, both Halifax and Nationwide Building Society have suggested that the typical house price in the UK is considerably higher than it was at the turn of the year.

Why not take a look at our best Buy to Let mortgages and make an enquiry online now.