Bright future for landlords

There is a bright future ahead for the buy-to-let market, according to new research.

Zone 4 Property says that growth in the market will remain strong for the next ten years, with a number of key factors boosting tenant demand.

"The UK property market is essentially driven by supply and demand and with the population set to dramatically increase over the next ten years property prices look set to increase as long as the economy remains stable and interest rates stay low," said Grant Delmege who launched Zone 4 Property.

"It is going to become more and more difficult for first-time buyers to get onto the property ladder in the future as property prices increase further and lenders tighten their belts.

"However, one person's problem is another person's joy and if first-time buyers cannot buy they will rent which is excellent news for landlords and property investors," added Mr Delmege.

Buy-to-let property investors have been boosted by the fact that the majority of analysts expect the Bank of England to cut the base rate of interest early in 2008.