Commentators seem to think the UK housing market will be relatively flat in 2010; that is there will be relatively little movement in the value of property. What does this mean for UK property landlords? Well, like house prices there could be a stabilisation in the UK rental property market.
Over the last few years there has been relatively more UK property landlords due to the fact it has been a lot harder to sell residential property. However, recent figures may point to the fact that the increase in house sales over the last few months could be attributed to these reluctant UK private property landlords exiting the market. Whether this means there are more UK property investment opportunities arising in 2010 remains to be seen. Other UK property statistics point to the fact that there is now more affordable property in a number of areas.
2010 could be an interesting year for UK property landlords. The contraction of the UK residential mortgage market is showing signs of easing; however it remains to be seen if this will help UK residential property landlords to build up their property portfolios. Whatever the outcome, it’s good news for buyers that mortgage deals are making a return. However, it’s early days yet to see if these UK mortgage deals will filter down to the buy to let marketplace.
Tags: buy to let, property investment opportunities, UK housing market, UK mortgage deals, UK property landlords, UK property statistics, UK rental property market
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