The latest Association of Residential Letting Agents (Arla) quarterly survey has indicated that the buy-to-let sector has bounced back in recent months.

According to the group, private landlords and the sector as a whole have benefitted from low interest rates and the government's new focus on the private rented sector.

When comparing the second quarter of 2009 with the opening three-month period, there were almost twice as many Arla members who reported that landlords had bought properties.

It has been the decision by the Bank of England's monetary policy committee to bring interest rates down to a record low of 0.5 per cent that has really stimulated the market, the organisation stated.

Arla operations manager Ian Potter said: "Each quarter we glimpse a bit more activity as the bargains get snapped up and confidence is restored in buy-to-let as a viable long-term investment vehicle, particularly if the returns are rising too."

Written by Claire Doyle

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