8
Dec
Enquiries on buy to let market 'have gone up'
The number of buy
to let enquiries received by The Mortgage Alliance (TMA) has
increased, a report has revealed.
Earlier this week, TMA's November Distribution Indicator showed
that 47 per cent of intermediaries had experienced a rise in the
number of interested parties over the last three months.
It also found that 33 per cent had claimed there was a return of
renewed activity, while saying that enquiry levels had not
significantly increased over the quarter.
Phil Whitehouse, head of TMA, said that this is likely to be
because the buy
to let industry "remains a key sector in the
marketplace".
He added: "It has been good to see it rebuild some solid
foundations which now appear to be translating into increased
enquiry levels for the intermediary market."
People interested in becoming a buy
to let owner were recently given advice by the Association of
Residential Lettings Agents, which said that landlords should make
important decisions before renting out properties.