Potential future rate rise fails to put off the buy-to-let market

Even though 50% of investors are expecting interest rate rises in 2015, the buy-to-let market is set to grow again according to a buy-to-let survey recently taken.

A research pole taken amongst landlords found, while the majority expected an increase in rates, 40% believed interest rates would rise by less than 2%.

Only one landlord in 10 expected to see interest rates rise by 2% or more. A rise in interest rates was however the biggest concern for 29% of landlords.Buy-to-let investors do have other concerns about what 2015 may bring. When asked for their number one concern, an increase in interest rates topped the poll at 29%.

20% of investors had absolutely no current concerns and only saw the future as bright in the long term. Many stated they would be re-mortgaging in 2015 to maximise the rates currently on offer.

As a result, the research reveals that the sector will continue to grow next year and beyond with nearly 50% of landlords planning to add to their portfolio despite a likely interest rate rise.

Many landlords are looking towards fixed rate deals as interest rate rises are forecast.

With so many good deals on offer to suit most landlords please do give us a call, we will be happy to discuss your mortgage or re-mortgage needs.