Confidence high among property investors

Confidence is high in the buy-to-let market according to the latest property survey.

The EBS/Gunne poll of property investors shows over a third saw their rental income increase in the last year.

Many are now considering buying another property, according to the survey.

The upbeat report comes despite a warning from the Central Bank last week that it now costs €5,000 more per year to meet repayments on the average mortgage than it is possible to earn in rent.