Buy to Let property investment

Buy to let Property has replaced pensions as the investment choice for millions of people.

The rise in house prices and poorly performing pension funds have given a massive boost to buy-to-let investors.

House prices rose 10.5 per cent last year; a typical home rose £45 a day in value and is now worth £173,746.

The Council of Mortgage Lenders and the Royal Institution of Chartered Surveyors estimate a seven per cent rise in house prices for 2007.

Buy-to-let is now the largest investment sector with over £130bn being invested in the last ten year.

Even if property prices do not move for the next few year property investment remains an attractive proposition as part of a multi-asset portfolio.

The average buy-to-let investor made over £7,700 in 2007 and generated almost £10,000 in rent, a return on an investment of £17,700 or 11.4 per cent.

Buy-to-let mortgages were launched 10 years ago.