1
Apr
'Good first quarter' in buy-to-let
New statistics released today by the Association of Residential
Letting Agents (Arla) have said that returns made by investors in
the property market rose in the first quarter of the year.
During this time, buy-to-let investors saw these figures rise by
0.27 per cent, something that means the average return was up to
21.7 per cent.
One of the reasons cited for this increase by investors was the
notable boost from immigration, which they said has had a major
impact.
Operations manager at Arla Ian Potter remarked that this is good
evidence the market is in good shape but reminded investors to
adopt a degree of caution.
"There can be no doubt from these figures that buy-to-let landlords
are well aware of the opportunities but behave with caution. In
fact, caution has been the watchword in the buy-to-let market since
its inception," he commented.
Recent figures published by Hamptons International stated that
yields are strong in London and the south-east.