Private landlords with the money to spend have been advised that now is a good time to purchase bricks and mortar.

Michael Aglony, marketing manager at independent mortgage expert Mortgages for Business, suggested that there are a number of positive indicators in the buy-to-let market.

Indeed, he predicted that September will be a busy month for the sector and claimed his company is expecting to experience a lot of activity.

"Arrears in the buy-to-let market are down and the decline in lending has also decreased, so it is becoming more positive rather than negative,"Mr Aglony said.

The property expert also indicated that landlords who have been in the industry for a number of years are generally well positioned to ride out periods of recessions.

Last month, the Council of Mortgage Lenders hinted that the buy-to-let market showed signs of stabilising in the second quarter of 2009 after a number of months of decline.

Written by John Weeks
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