Increased buy-to-let activity cited

There has been an increase in the amount of activity happening in the buy-to-let sector, experts have claimed.

A new study from Connells Survey & Valuation has found that both buying and selling of rented properties is on the up.

Earlier this year, just one in 14 investors in the UK were moving into the buy-to-let market, but this figure rose to one in ten last month.

The valuation organisation also noted a general increase in activity in the property sector.

Ross Bowen, group mortgage director for Connells Survey & Valuation, said that higher affordability is a major reason for the surge in interest.

He stated: "The overall numbers of houses changing hands are recovering, which combined with rising house prices over the last 5 consecutive months is encouraging.

"However, funding constraints remain a significant barrier to any step change in housing transaction levels."

Lloyds TSB Scotland recently claimed that a positive turnaround is beginning to happen in the country's housing market.

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