London and the South East remain strong rental sectors

Landlord Expert
By Landlord Expert April 26, 2012 09:11

The buy-to-let sector in London and the south-east remains a strong investment area for those looking to purchase rental property.

This is according to policy manager at the National Landlords Association Chris Norris, who explained house prices in the capital have "fared well" compared to many other areas of the UK.

However, the expert noted it can be difficult for some prospective rental property owners to access affordable finance.

Often, this is due to the average loan-to-values (LTVs) appearing "much lower" than the pre-2008 rates, Mr Norris remarked.

"In today's market, 75 per cent is around the highest mainstream LTV that a landlord is likely to find," the specialist commented.

Mr Norris claimed the current increase in the number of LTVs taking place in the market is a "positive step", as it is helping to ensure the rising supply of property is affordable.

The comments follow chief executive at Chainbow Roger Southam's observation that there has been a slowdown in the rental market in recent weeks, which he claimed is more likely to be a plateau rather than stalling in the sector.

Landlord Expert
By Landlord Expert April 26, 2012 09:11

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