Buy-to-let investors look North

Fears of a downturn in London's housing market have led to property investors looking outside the capital.

Investors are turning to the Midlands or North where houses are cheaper and returns higher, says the Nationwide Building Society. But east London is still attracting some buy-to-let interest.

Home Counties hotspots are Eastbourne, Bexhill and Worthing in Sussex and Margate, Ramsgate, Dover and Folkestone in Kent.