While the current economic climate may signal a "very good time to buy and invest"in property, it is important for prospective buy-to-let landlords to do their homework before they make a purchase, according to a property investment consultancy.

Timothy Lambert of Ducalian suggested that it is "increasingly likely"that the property market will continue to show signs of improvement and it is "possibly the best time to fix a mortgage in a generation".

But he cautioned that not all areas and properties are good investment prospects and people should not enter into a purchase in this climate with the hopes of making a "quick buck".

The latest figures published today by the Land Registry indicated that the 0.1 per cent increase observed in June is the first positive monthly change since January last year.

Last month, the average value of a property in London - which experienced the greatest rise when it moved by two per cent - was £301,859.

Written by John WeeksADNFCR-2002-ID-19285875-ADNFCR

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  3. Land Registry releases property data
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