Don't get suckered into buy-to-let

The buy-to-let property market is bullish once again. But now is still not the right time to get in, says Bengt Saelensminde.

They're back. It's been three years since we last saw them this excitable. But buy-to-let investors have returned with a vengeance.

A report just published by the Council for Mortgage Lenders shows buy-to-let lending was up 14% on last year. And landlords are reported to be rediscovering their confidence after the brutal meltdown a couple of years ago.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.