"In addition consumer confidence has improved where a small minority feel that prices may fall further and thus the plateau that property investors were waiting for has probably arrived.
"The continual influx of overseas workers, increasing number of students and single person households mean that the demand for rented accommodation is likely to grow. This is likely to lead to rising rent levels and therefore more attractive returns for landlords.
This in conjunction with the nation’s desire to own property, the fact that property is historically a good hedge against inflation and the fact that many are looking at an alternative to their pension for retirement income, means the likelihood of a buy-to-let resurgence is high."
Stephen Parry, Commercial Director at Landlord Assist confirms the position. He says: "A number of our clients are considering expanding their portfolios in the current climate in order to take advantage of reduced prices."
Have your say on this story using the comment section below.