Good news for buy-to-let investors outside London, as recent Savills research reports that the current lack of mortgage finance available means that rental hot spots around the country are providing excellent investment opportunities for those looking to nvest in the private rental sector.
Lucian Cook, a director of Savills residential research, commented, “Private renting is becoming a way of life for a much wider pectrum of people in the UK and the number of tenants ‘trapped’ in the sector shows no sign of decreasing,”
“Moreover, not only are more people renting, and for longer, but the social profile of tenants is changing and broadening. Private renting is increasingly becoming a way of life for a wide spectrum of people in their 30s and 40s.”
As the private rental scene continues to grow, now looks like the right time for Bristol based investors who are considering the buy-to-let market to make their move.
