The buy-to-let housing market will continue to rely on mortgage brokers for qualified advice during 2008, a new survey has revealed.
Research from Alliance & Leicester reveals that 59 per cent of brokers believe buy-to-let landlords will turn to their brokers first for advice.
Furthermore, the brokers surveyed believe that 43 per cent of professional landlords could achieve a positive net yield and 33 per cent could achieve an operating profit in 2008 if given the appropriate advice.
Mark Blackwell, director of intermediary sales at the firm, said: "Landlords with fewer properties will need to be astute in the coming months to avoid potential pitfalls, with professional advice playing a particularly important role to them at this time."
He added that the buy-to-let market will continue to form a key part of the housing market for investors during 2008.
This week, the National Landlords Association revealed that it had received a record number of calls to its telephone advice line that offers free advice to members during business hours, with 31,000 individual enquiries received during 2007.
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