Property agents in Henley, Oxfordshire are experiencing increased activity as investors warm to the opportunities available from renting out homes in the current economic climate.

Dave Tate, owner of a residential lettings firm of the same name, told the Henley Standard that positive aspects of renting currently include good returns and the prospect of long-term growth in the capital value of homes.

His comments come as some investors could be considering buy-to-let mortgages, because interest rate cuts from the Bank of England have hit returns from saving accounts.

Despite the economic downturn, however, rental yields increased from 5.7 per cent to 6.1 per cent during 2008, according to research by Paragon Mortgages.

The lender also revealed that the average number of portfolios in a landlord's portfolio increased by 12.1 to 13.2 during the third quarter of 2008, which suggested that private landlords were taking advantage of low house prices.ADNFCR-2002-ID-19036626-ADNFCR

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