We at Belvoir Wirral would agree. We have been approaced by more BTL landlords during the last two months, December and January, than the rest of 2015 combined.
A rush of landlords looking to purchase buy-to-let properties has been confirmed this morning by new figures from a national surveying and valuation firm.
Connells Survey & Valuation carried out an astonishing 86% more buy-to-let valuations last month than in December the previous year.
While the figure represented a slight monthly dip of 1%, this was far less than the usual seasonal falls in other types of valuations – for home movers, first-time buyers and people remortgaging.
John Bagshaw, director of the firm, said: “December’s results are a reflection of the ever-increasing demand for homes as investment opportunities.
“The added factor of the April 1 Stamp Duty increase has spurred many investors who might have been sitting on the fence to take the plunge.”
Altogether in December, mortgage valuation activity was up 29% year-on-year. That figure compares with the 9% growth between December 2013 and December 2014.
