Stuart Law, Chief Executive of buy-to-let specialists Assetz, comments on the CML’s buy-to-let mortgage figures for Q4 2011:

“Investors are returning to UK property in droves, encouraged by a greater number of affordable buy-to-let mortgage products and continued low returns on savings in the bank. Assetz is seeing 2,000 new investors on average every month, all eager to dip a toe into this burgeoning market.

“Although some landlords have seen minimal capital growth on their investments in the last few years, they look set to continue to benefit from excellent rental returns. Rents are currently between 10% and 20% higher than in 2006 with yields of 8% readily available. A shortage of property in the capital and other major cities such as Manchester, Liverpool and Leeds will continue to drive up rents, with supply unlikely to ever meet demand. This will continue to underpin the buy-to-let market in the coming years.”

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