Many private landlords can find that property is still an attractive investment - as long as they follow certain criteria.

That is the view of Smartlandlord.co.uk managing director Keshav Thukaram, who said that with the right financial planning and rent guarantee insurance in place landlords can be successful in the buy-to-let market.

"Most buy-to-let investors take a long-term view of the housing market and property still stacks up well against the alternatives,"he explained.

His comments come after the Land Registry reported that the average home in England and Wales was worth £155,968 in August.

Based on completions, the data found that London and the West Midlands were the two regions which recorded the biggest month-on-month growth in prices (0.8 per cent).

The typical property in the capital was worth £310,640, while the average West Midlands residence was priced at £131,305.

A statement from the Land Registry also indicated that prices were down in all regions when compared with August last year.

Written by Mark Garner
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