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Property investors 'are both professional and confident'

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Last weekend's Homebuyer and Property Investor Show in London provided further proof that buy-to-let landlords are feeling confident, the organisers have claimed.

A closer look at the type of visitors to the show indicates there is a growing number of full-time professional investors in the market.

When asked whether they intend to buy more property this year, 60 per cent of investors said they would. Not one investor said they were planning to sell in 2008.

Seamus Nugent, managing director of Dandara, said: "The market and economy are sound and investors should not be put off.

People need to remember that investing in property is a long-term strategy, rather than a short-term gamble."

Dandara builds residential and commercial property in the Isle of Man, the Channel Islands and in prime city centre locations on the UK mainland.

The developer is currently offering a three-year guaranteed rental income at its Spectrum and Saint George's Island developments in Manchester.

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Date Published: 14 March 2008

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