Long-time property investors 'have never had it so good'

Wednesday, 17 March 2010 12:00 AM

Things have never been better for property investors who have been in the game for a long time, it has been claimed.

With interest rates at an all-time low, cash flow for these landlords is looking particularly positive on properties bought a while back, according to Mark Garner, managing director at LettingZone.

However, he noted that the situation is not so good for new landlords: "Those people who bought property in the last three years, [...] if they didn't really have the cash flow there to maintain it then obviously they have got problems now."

IVA.com reported recently that there was a 53 per cent rise in the number of buy-to-let investors struggling to pay their creditors in March 2010, with typical debts ranging from £163,000 to £201,000.

In all reported cases, people dealing with the property debt were middle class professionals owing significant mortgage arrears.

Related stories

Search property

Directory

Alaris

Alaris Logo
Alaris specialise in quality Bathrooms and Kitchens along with many other unique products for your home. The range of kitchens, kitchen worktops and bathrooms is extensive and the highest quality so you are sure to find what you want. New bathroom furniture, bathroom suites, taps, showers and cabinets are added regularly.

Bathrooms365

Bathrooms365 Logo
Bathroom365 supply all areas of your new bathroom - leading-edge designed bathroom suites, stylish bathroom taps and showers, all styles and forms of shower enclosures and a vast collection of bathroom furniture.

Beds Direct

Beds Direct Logo
Whether you've just moved into a property and need to furnish it or just fancy having something new to sleep on, Beds Direct offer you a wide array of beds to order online or via the telephone.

Fitmykitchen

Fitmykitchen Logo
Fitmykitchen are specialist suppliers of kitchen appliances, sink taps, waste bins and furniture. So whatever you want from kitchen sink taps to waste bins look no further than fitmykitchen, UK, the specialist suppliers of kitchen appliances, stainless steel sink taps, waste bins and kitchen furniture.

MyStampDuty

MyStampDuty Logo
We help people buying property all over the UK to minimise Stamp Duty Land Tax on residential and commercial property. If you are looking at purchasing a new home or business premises over £500,000, contact us today by completing the form on the right

Oak Furniture Land

Oak Furniture Land Logo
For hardwood furniture, including Solid Oak, Mango, Mahogany, Sheesham, Acacia, Ash and Birch, look no further than Oak Furniture Land.

Propertywide

Propertywide Logo
Propertywide.co.uk is Countrywide plc's dedicated property website. Created to provide online access to all our estate agency, lettings and property related services, Propertywide.co.uk has been designed with the consumer at heart.

The 21st Century Radiator Company

The 21st Century Radiator Company Logo
Welcome to 21st Century Radiator Company. We supply a stunning range of traditional reproduction high quality cast-iron radiators and cast-iron baths. All our cast-iron radiators and cast-iron baths are brand new, fully tested and guaranteed for ten years.

Rated People

Rated People Logo
Whatever type of home improvement or garden remodelling project you have, Rated People can help you to identify the right tradesmen for the job in a way that is quick, easy, convenient and, as it is based on real-life recommendations, trustworthy.

Residential Land

Residential Land Logo
If you are looking for short or long term rentals in Central London, Residential Land have a portfolio of over 1200 flats and houses in the best postcodes across the Capital.

Simply Bedrooms

Simply Bedrooms Logo
Simply Bedrooms, a part of Sleepwell Bedrooms Ltd, supplying quality beds, wardrobes, sliding door wardrobes and bedroom furniture at low prices and great service, London and Home Counties Specialists.

Door Handles UK

Door Handles UK  Logo
Door Handles UK is the UK's largest online range of Door Handle accessories, Door Hinges, Locks and Latches and so much more and all at genuine internet prices. We have a wide range of Chrome, Brass and Glass Crystal Mortice door knobs in both traditional and contemporary designs, whatever your taste and budget you will find a design to suit.

Woodlands Furniture

Woodlands Furniture  Logo
We are an established family business situated in rural Herefordshire specialising in beautiful handcrafted classic reproduction furniture. Our comprehensive ranges are readily available from stock.

Twitter

Join the conversation at #aboutproperty

Directory articles

What type of storage is best for small kitchens?

If you have a small kitchen you may well look enviously at the space and amount of storage in the country-style rooms that are beloved by property programmes on television. There may not be much you can do about the size of your room, but there are steps you can take to ensure the space is utilised as efficiently as possible.

What makes Chelsea a residential hotspot for the stylish and affluent?

Chelsea is one of the most exclusive parts of London thanks to its mix of traditional and modern architecture, fabulous shops and top-quality restaurants. A chic and stylish area, it is highly sought-after by the rich and famous.

Why does stamp duty exist on properties?

Stamp duty has been in existence for over 300 years, going back to the reign of William and Mary. It is important to understand where stamp duty came from and how it has evolved over the years to become the tax that it is today.