Property investors 'want stability' for Christmas - buy to let mortgages

24 December 2008

In news that could affect those with buy to let mortgages, stability and a wider range of loans have been identified as what property investors would most like for Christmas.

The latest quarterly findings from the Young Index market sentiment survey suggest that house price stability is "top of the agenda" for investors this year with 36 per cent of those surveyed citing it as their biggest desire.

A wider choice of mortgages to choose from was the second most popular choice with 28 per cent.

Tax cuts featured lower down in the priorities of property investors, as 12 per cent expressed a desire for more base rate cuts and two per cent wanted extra VAT cuts or stamp duty incentives.

Meanwhile, Jonathan Loynes from Capital Economics has claimed it is possible that the base rate could fall to zero per cent in the UK next year.