Buy to let lending increased in the final quarter of last year as property investors look to buy houses at the bottom of the property market cycle. Property Investors many not believe that the market has hit the bottom, but many believe that even if we have not hit the bottom yet, we are not far away. The best bargains are always achieved prior to a housing market recovery, and as the more seasoned and experienced property investors are back in contact with estate agents it show that the sentiment is improving.
The UK housing market is driven by sentiment and as with the boom years, as soon as people see property as a sure bet it is a sure thing that property prices will rise. It might not be a steady curve but it will be an upward curve in time.
Buy to let in 2010 looks to improve as property investors put their money back into the property market
February 16, 2010
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