Despite mixed signals, some experts believe now could be the ideal time for landlords to buy

The housing market's mixed fortunes as indicated by the most recent Halifax house price index results should encourage landlords to grow their portfolios. According to Halifax, the average price of a home in the UK increased by 2% on a quarterly basis in March, while the annual growth rate decreased to 0.3% from 1.6% in February. However, the average price of a house in the UK currently costs £288,430, down 1.0% or £2,908 in cash terms from a month earlier. Some believe this presents an opportunity for landlords to invest and grow their property collection.

Despite the volatility of last year, yearly house prices are still at high levels despite a minor slowdown in price rise in March. Fears are growing that the Bank of England may be far slower to cut interest rates, which would maintain the cost of borrowing at more punishing levels, because inflation is proving to be a difficult beast to tame.

Landlords, be reassured that this is an excellent moment to purchase. A deceleration in the increase of home prices presents more chances to score a deal. Even with record-high rental rates, investors may still find the possible yield on their investments to be appealing. Since the warmer months are usually some of the busiest in the calendar year, the upcoming few months will be critical for the rental sector. We may need to adjust our expectations about the size of the great property resilience if this slowdown persists.

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