Investment Property News - Bueno Investments Limited

Buy-to-let landlords are still confident about the future of the UK economy
despite worries over the global credit crunch, a new survey shows.

Around 90% of investors questioned during the last quarter of 2007 said they
have no intention of selling their properties in the short term.

And fewer than one in 10 property owners believe they will sell their
investments in the next five years, and only 2% see property as an
investment of less than two years.

The poll for the Association of Residential Letting Agents also found the
average length of time people expect to hold on to their houses is 17 years.
ARLA head of operations Ian Potter said: "This is good news for the whole of
the private rented sector and for the housing market, particularly as it
comes from surveys carried out well after the credit crunch had begun to
bite.

"The rental sector is the lynchpin for all our housing requirements and
needs continual investment from private individuals as it still suffers from
a lack of investment from the institutions."

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