Income From Homes

Daily PostJuly 08, 2006

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Summary


MANY young professionals appear to be backing bricks and mortar as a better bet than pensions in the continuing expansion of the Buy to Let market, says one of the leading lenders in the sector.

In its analysis of a sector effectively created in 1996 when The Association of Residential Lettings (ARLA) launched an initiative with five leading lenders, Bradford & Bingley says 51% of its investor buyers see retirement income as a key reason to buy property.

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Extract


Income From Homes

According to Andrew Moss, product development manager at Mortgage Express, the B&B subsidiary specialising in buy to let: "The major reason fo...

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