Buy-to-let remains popular

Buy-to-let investors will continue to enter the market and will see profits if they purchase in the right areas.

That is according to Imagine Homes, which says that those who adopt a medium to long-term approach can still do well.

The firm also says that the market will benefit from a reduction in speculative investors who bump up property prices.

"Buy-to-let is about buying well," said group sales director, Marc Lafferty.

"The UK property market will continue to fluctuate, however, the majority of people are interested in investing in buy-to-let properties for the medium to long-term.

"Higher interest rates are squeezing out speculators and those who need to borrow heavily to fund their investments, but people who have capital will continue to look to the buy-to-let market," he added.

The Association of Residential Lettings Agents recently revealed that demand for rented accommodation in the UK is at a five-year high.

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