According to The Money Centre (TMC) over half of buy-to-let landlords are still positive about the future of their investments.

TMC released a quarterly survey of buy-to-let investors which revealed that, 52% of respondents believe there prospects are good or very good. Of those interviewed, 54% believe property offers a strong or reasonable potential for growth, when compared to other types of investment, this is rise of 10% from the figures released in December 2007.

Lynsey Sweales, director of TMC said: “Buying property is always best viewed as a medium to long term investment option and that’s how most buy-to-let landlords see it. The research shows the average length of time landlords expect to be letting a property is 17.5 years, which is why scaremongering over house prices dropping is not a major concern for professional landlords.”

The survey also showed that some buy-to-let investors see current market conditions as an opportunity for expanding their portfolio, 20% said that they are currently looking into buying more property, which is a greater percentage than those looking to sell.

The research also looked into the areas of the country where buy-to-let investors have property. Central London remained the most popular choice among landlords, followed by Glasgow, Manchester and Birmingham. Interestingly, Cambridge came in at fifth, the first time it has entered the top five.