Low interest rates tempt investors back to buy to let

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Low interest rates tempt investors back to buy to let

With interest rates at an all time low of 0.5 per cent investors are being tempted back to the buy to let market as average rent yields across the country are 4-5 per cent.

The Association of Residential Lettings Agents (ARLA) has heard from its members that increasing numbers of investors are returning to the housing market as other avenues of investment perform poorly.

Savings accounts are no longer attractive, with many being out performed by current accounts, and the stock market, it seems losing value everyday, and it is no wonder that the prospect of getting a 4-5 per cent return is enticing to many.

Obviously in order to get these returns investors should still do thorough investigation in the area that they are looking to purchase and rent out in.

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March 09th 2009

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