UK buy-to-let market 'still strong'

The buy-to-let property market in the UK remains resilient, it has been argued.

Chris Norris, policy manager at the National Landlords Association, noted that more homes are being made available and those in the private-rented sector are benefiting.

He called for the government to take action to ensure investors are able to expand portfolios, as a lack of finance is still restricting many.

Mr Norris stated: "Our members have been reporting for some time that market conditions are improving and experienced landlords are very keen to make new acquisitions."

The expert was commenting following the release of figures from the Association of Residential Letting Agents, which showed that the average landlord has taken advantage of lower property prices to increase portfolios in the last year.

According to the survey, the typical number of properties now stands at 7, up from 6.3 12 months ago and ending a trend of declines.

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