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7
Jun
2009
The buy-to-let market is being seriously considered as an excellent investment option by many professionals in the finance sector, a new survey has claimed.According to research from PropertyEarth.net, more than one third of finance professionals would consider becoming a landlord.The property portal noted that many of those who have been made redundant are looking at the property market as an area to invest their payouts.In addition, 72 per cent of respondents thought of becoming a landlord as a long-term option, rather than with a 'get rich quick' mentality.Dominic Toller, managing director of PropertyEarth.net, said: "This research shows that property is still viewed as a strong long-term investment, despite the recent volatility."Savvy finance professionals are taking a long-term view and are attracted by the returns currently offered by the buy-to let-market, due to the low prices and high yields of chain-free property in particular."Purchasing buy-to-let property was more popular than savings accounts, gold and stock market shares as a form of investment for finance professionals, the research found.Get a landlord insurance quote today from Simple Landlords Insurance.