Landlords will be encouraged by a new report claiming that 49% of landlords believe demand for rentals has increased in the last three months. The survey was carried out by BDRC Continental in partnership with the National Landlords Association. Only 6% of the landlords surveyed feel that demand will fall.
10% have bought new properties in the last three months and 16% plan to do so in the next three months. They report that rents are rising and only 5% said they were making a loss.
This piece of research adds weight to the view that many people are choosing to rent rather than buy because of difficulty of finding a mortgage and worries about job insecurity. Is it a good time to enter the buy to let market? We would value your opinion and news about the market in your area.