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Confidence Remains High Amongst Landlords - Mortgage ExpressMar 08

Whilst there's no denying recent negative media speculation surrounding the strength of the buy-to-let market, our survey shows that landlords remain extremely confident about the future.

The majority (60%) have no concerns as they have done their research and are in it for the long-term, rather than the short-term gain. In fact, many are looking to continue or extend their portfolios over the coming months - and just 4% are looking to decrease.

Most Landlords anticipate rent levels to either increase or stay the same, and most have had no difficulty finding tenants. And these results are backed up by the Association of Residential Letting Agents (ARLA) latest report. According to its members, tenant demand in the private rental sector remains at the highest level seen for five years, which has led to an increase in rents.

Two thirds of the letting agents in Central London report they have more tenants than there are properties available to rent, and this is echoed throughout the South East, where the same lack of property is reported by 57% of letting agents. In the rest of the country, 37% are reporting rental property shortages.

 

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