 |
| LATEST LATEST LEGAL NEWS ARCHIVE |
LATEST NEWS & EVENTS Buy-to-let looking strong as rental demand rockets  People looking for property investment advice have been told that demand for rental properties is "going through the roof". James Davis, chief executive officer at Upad, says inquiries have increased threefold in the last year, while stock levels have only doubled. His comments come as landlord optimism is at its highest point for almost four years, according to the National Landlords Association (NLA). Sixty-five per cent of landlords surveyed rated prospects for their own lettings business over the next three months as very good or good. There is increasing optimism about the overall state of the private rented sector, with 54 per cent rating the industry's prospects as good or very good. David Salusbury, NLA Chairman, commented: "The increasing availability of buy-to-let mortgages and strong demand for rental accommodation is further stimulating positive sentiments, with rent arrears appearing to stabilise and void periods decreasing in recent months." He added that the private-rented sector is demonstrating "resilience", in contrast to some other industries and investments. Posted by Georgina Price 
Related Articles: 30/3/2012 - EPC changes to affect buy-to-let landlords 27/3/2012 - Rent increases drive strong buy-to-let yields 27/3/2012 - Property industry welcomes 'sensible' planning reforms 2/3/2012 - Arla advises landlords to 'invest wisely' 1/3/2012 - Basel III could hit commercial property lending More Property Law News |
|||
| © 2012 Lamport Bassitt | DEFAULT ZOOM | DISABILITY INFORMATION | LEGAL INFORMATION |