Is buy to let in the uk still a good investment ?

everything seems so expensive at the moment, i just dont see how people get on the property ladder.

but it also seems to me that this is a unique time as buy to let mortgages are more freely available than ever before.
buy to let landlords are sitting on a lot of property that they are unlikely to sell for a long time as they would have a lot of tax to pay and a lot have remortgaged the properties to buy more thus giving them a negative equity when considering the tax they would pay on sale .

also where else would they invest with more potential for someone else to pay for the investment ?

i have heard interest rates are still quite low but forecast to increase to 6 percent by the end of the year ,still not ridiculous

so what do you think is it still a good investment ? if so any ideas where i should buy ?

As of today there is talk of interest rates going up next month and with it mortgage repayments. I am no expert but looking at performance over the past 10 years I think the bubble is going to burst, it is the law of averages things can not keep going up and up, have to fall in the end. Also you have to bare in mind that there will be an election soon, no more Gordon Brown perhaps. It is all a little too complex at the moment but good luck anyway.

A lot of the UK is now saturated with rental properties - so much so that I don't believe that buy-to-let is a particularly viable option unless you are prepared to lose a little money in the short-term, but gain in the long-term (you would hope that the property would rise in price, although I don't think we'll see huge rises in the next few years).

If you were looking for property investment, property abroad is probably a better way to go, particularly in some of the Eastern European countries. Some countries are seeing 10% returns each year, so it might be worth a punt, particularly as property is much cheaper than England. There are some really good buying guides at http://www.foreignpropertybuyer.com for loads of countries. I still can't make my mind up whether to take the plunge or not!