Rental News

Landlords confident about future

Recent coverage in the media about the buy-to-let market has been mostly negative. However, recent research carried out by Bradford & Bingley offers a much more optimistic view of property investment.

Landlords positive about the future:

• 86% of landlords questioned remain confident in the market and most plan to maintain or increase their portfolios over the next six months
• Less than 1% of respondents said they were planning to leave the market.

Demand for rental property continues to outstrip supply:

• 89% of landlords questioned said that their rent had either stayed the same or increased compared to 12 months ago.

The research also covers void periods experienced by landlords, tenants and their behaviour, and average monthly rent by property type and region.

To view the report go to http://www.themoneycentre.co.uk/doc_gallery/B&B%20BTL%20confidence%20study.pdf