People who want to secure their long-term financial future are increasingly choosing to invest in property.

This is the view of Diane England, sales manager at Persimmon Homes Lancashire, who said it is deemed to be much safer than other forms of investment.

Indeed, she said the current state of the stock market is highly volatile, which means it could be a riskier and less secure alternative.

Ms England commented: "In Lancashire we have seen the demand for investment properties rise sharply in addition to a significant increase in the number of buy-to-let enquiries."

She added that investing money in bricks and mortar can be one of the most "astute"ways of accumulating wealth.

This comes after Paragon Mortgages said the proportion of landlords that applied to extend their portfolios went up during the third quarter of the year.

Meanwhile, there was a drop in the number of people entering the buy-to-let sector for the first time.


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