Buy-to-let is now seen by homeowners as the best way to invest for the future, a recent survey has revealed.
A study commissioned by the Property Investor Show polled 3,000 visitors to the show and found 39 per cent are relying on buy-to-let investments for their future financial security.
As more homeowners pool equity and returns on investment into buy-to-lets they are spending decreasing amounts on improving their own home.
The survey revealed 73 per cent would prefer to use any spare cash for investment property rather than spending the money on home improvements and DIY.
Nick Clark, managing director of Homebuyer Events said: "Typically, homeowners have opted to add to their nest egg by improving and extending their property.
"However, buy-to-let has become a lot more popular and feasible option.
"Buy-to-let investment is now far more accessible for novice investors, and as there remains high tenant demand alongside good rental yields in the UK and overseas, it is set to continue to be a favoured option."
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