Keep it local, say the B2L pundits

Investing close to home is key to successful buy-to-let, according to pundits surveyed in this week’s Mortgage Strategy cover feature.

Five industry experts give their views on where and how they would invest 100,000 in the property market. Most would prefer to stick close to home so they can keep an eye on their investments.

Sally Laker, managing director of Mortgage Intelligence, would invest the money in several properties in Bournemouth, where MI is based. She says: “Bournemouth is an ideal buy-to-let town because it has a variety of colleges, a university, an arts institute and several hospitals in nearby towns.”

And Simon Jones, director at Savills Private Finance, says: “I would stick to what I know – the Croydon area.”

l See Cover Story, pages 44-48