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Rate rise puts brakes on investment property sales

By Sharlene Goff

Published: May 25 2007 13:23 | Last updated: May 25 2007 13:23

Any property investor entering the market in recent years should have found it fairly simple to make money. Rental yields have been at a premium to interest rates, and phenomenal house price growth has meant that even unseasoned landlords have pocketed significant profits.

But as interest rates rise and the brakes go on property price rises, it seems the tide could be turning. According to some mortgage brokers, many landlords are finding it tougher to find new buy-to-let investments.

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