UK buy-to-let investors refuse to be put off by increasing price hikes, with almost 70% of landlords planning to invest in the next 12 months, according to a recent survey carried out by The Property Investor Show (21 - 23 September, ExCeL London)...

Despite interest rates rising by 1% within a year, the poll indicates that further rate rises will still not deter investors from purchasing a buy-to-let property. 

More than 90% of recipients believe that interest rates will rise further this year, with 46% estimating the rise to be by 0.5% or above.  See graph 1 below:

However, just 33% said this would put them off investing in the UK and 23% in the overseas market. From those polled almost 80% believe that house prices will continue to rise.

Under a backdrop of increasing affordability constraints, the survey also clearly reveals that those investing in property saw this as a long term investment for securing future wealth, with nearly 80% of those polled relying on buy-to-let property for their pension.

This compares to just 30% who are relying on a private pension, 27% on the stock market and just 12% who will look to the state pension as security for their future financial situation (see graph 2 in attachment).

Nick Clark, managing director of The Property Investor Show, commented: “The continuing rise in house prices and interest rates appear to have had little adverse affect on the property investing public, who still view property as the best investment for their long term future. 

This year the survey has revealed how optimistic the public remains about property investment, demonstrating for many would-be investors that today’s market remains a popular vehicle in comparison to other established avenues.”  

Further details on the Property Investor Shows are available at http://www.propertyinvestor.co.uk