Buy to Let Activity on the Rise (Latest News)
After a very quiet 2017 Buy to Let landlords in London and the South East are seeing stronger activity, once again. The latest report from the special buy to let broker, Commercial Trust Ltd indicates BTL investment is on the rise.
For the first time since the second quarter of last year BTL market has grown from 12.4% in quarter 4 of 2017 to 16.5% in quarter 1 of 2018. The biggest increase quarter on quarter was recorded by the east midlands, which saw a 5% hike in just the first 3 months.
Andrew Turner, chief executive at Commercial Trust Limited, commented: “From our latest quarterly data, it is clear that property investment in London and the South East is very much alive and kicking and if anything, growing. I think the data also reflects a regained sense of confidence in London and the South East, among landlords with capital to spend”.