Are you a buy-to-let investor considering your next move? If so, you might be interested to learn that one type of property is proving to be significantly more popular than any other among landlords right now.
According to new research by Paragon Mortgages, it is semi-detached properties that are currently taking the buy-to-let market by storm.
Indeed, 35 per cent of landlords who are expecting to purchase a buy-to-let property in the coming months are considering a semi-detached house, up from 23 per cent in the fourth quarter of 2014.
With semi-detached homes proving popular with many tenants - including families - you can feel increasingly confident of ensuring a healthy return on your investment and avoiding any lengthy void periods.
While there is no doubt that semi-detached properties are enjoying a surge in popularity, the same cannot be said of terraced houses. The proportion of landlords looking to buy these has fallen from 67 per cent at the end of 2014 to 35 per cent in the first quarter of this year.
Other options include apartments, which are currently of interest to 30 per cent of landlords, and specialist units such as multi-unit blocks and houses of multiple occupancy that are on the radar of 22 per cent of prospective investors.
The future appears to be bright for landlords, and 27 per cent of respondents admitted to feeling positive about their prospects, while 18 per cent said they expect to add to their portfolios soon.
Contact your local Leaders branch today for expert advice that you can trust in order to secure a buy-to-let property that is right for you.