Monday, February 25, 2008
This weeks comedy article from Ztuart Law
Buy-to-let investment in the UK is set to go from strength to strength in 2008, it has been suggested. Rental demand is increasing all the time, according to Mr Harrison of ARLA, who said the reasons behind this trend are "demographic". These factors include things such as increasing migration and rising divorce rates. "Traditionally, every time you have house price softening you get increased rental demand," Mr Harrison said. Last year saw the typical buy-to-let property rise by 10.9% to reach an average of £154,795, and Mr Harrison believes that this price will edge upwards.