Buy-to-let investors ‘benefitting from demand’
Demand for rented accommodation will lead 17 per cent of private landlords to increase their rent charges in the next three months, a survey has revealed.
In news which might interest wealthy earners considering buy-to-let investment, a study by market research agency BDRC suggested that the financial situation is improving for owners of property to rent, despite the affects of the credit crunch on the UK housing market.
Some 63 per cent of landlords who own just one property to let are making a profit, as are 96 per cent of professional landlords who own more than 20 homes to rent, the survey of property owners' attitudes in the third quarter of 2008 showed.
Mark Long, client services director at BDRC, said the financial situation is improving for private landlords, but a rosy future cannot be guaranteed in the current financial climate.
"An increased number of people looking to rent is good news for private landlords - but in such an uncertain market, who can tell if that optimism will last even to the new year," he said.
Meanwhile, a recent study by the National Housing Federation found that there were 1,148 properties in London that are registered as second homes.
Mortgages for professionals provides expert mortgage advice and is committed to represent the borrower not the lender on over 30,000 mortgage products for high earning clients.
In news which might interest wealthy earners considering buy-to-let investment, a study by market research agency BDRC suggested that the financial situation is improving for owners of property to rent, despite the affects of the credit crunch on the UK housing market.
Some 63 per cent of landlords who own just one property to let are making a profit, as are 96 per cent of professional landlords who own more than 20 homes to rent, the survey of property owners' attitudes in the third quarter of 2008 showed.
Mark Long, client services director at BDRC, said the financial situation is improving for private landlords, but a rosy future cannot be guaranteed in the current financial climate.
"An increased number of people looking to rent is good news for private landlords - but in such an uncertain market, who can tell if that optimism will last even to the new year," he said.
Meanwhile, a recent study by the National Housing Federation found that there were 1,148 properties in London that are registered as second homes.
Mortgages for professionals provides expert mortgage advice and is committed to represent the borrower not the lender on over 30,000 mortgage products for high earning clients.
