Editor's note: This brief was summarised by The Property AI Team from a report by Landlord Today. Read the original article for full details.
Landlords Urged: Don't Follow the Herd on Buy-to-Let
Property entrepreneur Mike Robson says he is actively looking for opportunities to expand his portfolio and is urging other landlords to do the same, despite higher borrowing costs and growing regulation holding many buy-to-let investors back.
Robson, co-founder of Avocado, made the comments on the opening episode of the relaunched Investors Corner podcast, which follows Avocado's purchase by iad.
'Not a bad time to buy'
Speaking on the podcast, Robson said: "It's not a bad time to buy an investment if you've got some money. Have a look around."
His remarks come as many buy-to-let investors hold back amid higher borrowing costs and growing regulation.
What this means for letting agents and inventory clerks
For letting agents and inventory clerks, the intervention is a reminder that investor sentiment remains mixed. While some landlords are pausing, others, like Robson, are looking to expand.
Agents working with landlord clients may find that the current environment presents opportunities for those with capital to deploy, even as wider market conditions remain challenging.
The relaunch of the Investors Corner podcast, following Avocado's purchase by iad, suggests continued appetite for investment-focused content and discussion within the sector.
Source: Landlord Today