Landlords team up for growth

A&L believes that over the third of buy-to-let investors getting the right advice could make an operating profit this year, with 43 per cent achieving a positive net yield as a direct result.

Around two-thirds of today's landlords already speak to brokers in order to gain access to better deals and rates than if they plucked a product straight off the shelf.

One in ten of brokers however, expressed a concern that rising house prices are reducing the rental return on properties, which could cause difficulties when landlords come to re-finance.

Indeed market conditions are definitely pushing more investors to realise the benefits of going to a broker, with the National Landlords Association (NLA) recording a significant upsurge in the amount of calls received each day in 2007.

The NLA Advice Line received an average of 2,600 calls per month in 2007, with a marked increase once tenancy deposit protection became mandatory in April. All in all the advisory service clocked up 31,000 individual enquiries during the year.

Base rate fluctuations were cited as the principal stumbling block for today's buy-to-let market followed by cooling house prices.