Buy to Let on the increase

In figures released today, the Royal Institute of Chartered Surveyors (RICS) has revealed that there was an increase in instructions from new landlords during the first quarter of this year. This is taken as an indication that activity in the Buy to Let market is on the increase.

Much of the reason for the increase is thought to be due to those with property to sell, deciding to let rather than accept a significantly lower asking price. With rental yields performing well, this remains an attractive option for many. Whilst criteria has undoubtedly tightened, there are still lenders prepared to offer schemes for those who wish to move without selling first.

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