Landlords in London boost

Rising house prices in London are having a positive effect on buy-to-let property investors in the city.

That is according to the National Landlords' Association (NLA), which says that investors are witnessing soaring demand for their properties.

Simon Gordon from the organisation said that an increasing number of graduates is helping to fuel demand.

"There's demand for accommodation, particularly in London and the south-east and there are people at the moment who feel they cannot afford to get on the property ladder, so they are going to the private rental sector," said Mr Gordon, head of communications at the NLA.

"There is growth in the number of young professionals who are being churned out by universities.

"If you expand the number of universities and the number of students, you will have more and more people leaving to go and live in other towns and cities, and they will need accommodation," he added.

Property for Life recently revealed that 76 per cent of landlords believe now is a good time to invest in the buy-to-let market.

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