'Invest in property for the long term' - buy to let mortgages

11 June 2009

Landlords who have secured their buy to let mortgages have been advised to consider their property purchases as long-term investments.

In the current economic climate, property professionals are not as likely as they once were to receive short-term gains - and one expert in the field has called on people to think about the money they could be making in the future.

The editor of Property Hawk website, Chris Horne, who made these observations, acknowledged that the buy-to-let sector has been a particularly difficult area of the housing market to be involved in since the recession took hold.

"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.

One silver lining during the last 18 months for those with buy to let mortgages has been the decision by the Bank of England's monetary policy committee to bring the cost of borrowing down to 0.5 per cent.

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