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Monday, February 06, 2006

Do you want to live the Buy-to-let lifestyle?

Buy-to-let lifestyle on the rise

One in five landlords uses their rental income to give them the freedom to live the life they want, according to new research from Standard Life Bank. No great surprise there of course. Indeed, as more and more people start to realise the potential that renting out a property can offer, the bank is predicting an increasing trend in a 'Buy-to-Let-to-Lifestyle' with landlords using their properties to embrace a more flexible way of living. Please read more on moneyextra

Buy-to-let mortgages are also much cheaper than it used to be a few years ago, differing from normal mortgages which used to be cheaper and now are more expensive. Homes Online now offers buy-to-let mortgages from as little as 3.49%. Please read more on homes-on-line

House prices rise at fastest rate in 18 months

There was confirmation on Tuesday that the housing market was enjoying a return to health as the country’s largest building society said house prices in January rose at their fastest rate in 18 months.

The survey from Nationwide showed a monthly increase of 1.4 per cent, bringing the annual rate of growth to 4.4 per cent. Please read more on financial times

posted by Ben Jooste at 3:41 pm

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