Is this a good time to get into rental property

Thanks to the credit crunch and the general lack of confidence in the property market, it’s an interesting time to sell or buy a house at the moment.

PropertyToday.co.uk - 28 March 2008

It’s certainly a buyer’s market. And while it’s only house price growth that’s slowing, rather than prices themselves, it’s not clear whether there are “bargain” purchases to be had.

So if you’re thinking of becoming a landlord, is this a good time to buy rental property? We take a look at recent stories to see what the general consensus is.

The first story from the UK’s largest letting agent Your Move suggests the answer is yes. It says there was a 21 per cent increase in the number of new lets starting in January and February this year - full article