One bed flats to offer best gains
Landlords expect one bedroom flats to see greatest capital gains in the next 12 months, Amicus research has indicated.
A quarter (25%) of UK landlords said one bedroom flats will offer the most attractive capital gains over the next year, closely followed by student accommodation in university towns and cities (24%).
John Jenkins, chief executive of Amicus, said: “The findings show flats are the clear winners over houses and maisonettes for both capital growth and rental yields and this is reflected in our own experience in servicing professional landlords’ short term borrowing requirements.
“Despite some uncertainty in the consumer buy to let sector as a result of changes to stamp duty charges, we’re seeing a sustained and growing appetite for short-term property finance driven by the tightening of mainstream bank underwriting requirements and the inability of some lenders to act sufficiently quickly to respond to demand.”
Maisonettes were the least popular choice with only 3% landlords predicting attractive capital gains.