Savers are expected to put more money into buy-to-let (BTL) properties over the next two years in response to the Bank of England’s commitment to keep interest rates low, according to a leading economics consultancy quoted in the Sunday Times. It expects the number of purchases to rise from 73,000 in 2012 to 100,000 next year. With mortgage loans readily available and income returns of over 5%, BTL looks an attractive proposition, but advisers warn that investors with only one or two properties can be heavily exposed to a market downturn.
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