Property buyer confidence on the rise - buy to let mortgages

18 June 2009

There has been a five per cent increase recorded in the number of people who think now is a good time to buy a property.

Building Societies Association (BSA) research has found that 59 per cent of consumers agree or tend to agree that buying property at this current time would be a positive move.

This was compared to the figures of 54 per cent and 27 per cent, which were reported in March 2009 and June 2008 respectively.

Paul Broadhead, head of mortgage policy at the BSA, said: "People clearly recognise that with both property prices and mortgage rates having fallen, there are potential bargains to be found meaning that now is a good time to buy."

Property Hawk website editor Chris Horne recently claimed that anyone looking for buy to let mortgages should be aware that it is a long-term investment project.

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