Buy-to-let investors are out in force in Essex, it has been claimed, with Crossrail and the Dubai Ports London Gateway Development both set to bring investment, jobs and new residents to the county.
Beresfords, the largest independent in the country, says that applications by buy-to-let investors are up 40% on last year.
Paul Beresford, managing director of Beresfords, said: “Essex towns are attracting a large pool of professional tenants and many local investors have identified this and are keen to get the best return on their savings and at the same time augment their pension.”
The number of registered first-time buyers is also up, by 13%, with year-on-year sales agreed up 21%, says the firm.
Article courtesy of Landlord Today