Property guru Phil Spencer has set out five reasons to keep faith with buy to let.
In an article for Estate Agent Today the Location, Location, Location star urges agents to promote buy to let – both in terms of properties to sell to landlords, and property management thereafter – and lists a string of what he regards as compelling reasons.
Firstly, capital returns are good albeit not guaranteed. New figures from he Halifax show that at average UK house prices grew by 20.4 per cent between January 2020 and December 2022, up by £48,620 from £237,895 to £286,515.